Investment fund sells 5.51% stake in Shawbrook

27 May 2016

An investment fund has sold 13.8 million shares in challenger Shawbrook Bank

The Guernsey-based Special Opportunities Fund (Guernsey) LP (SOF) sold a 5.51% stake in the challenger bank on 25^th May.

Private equity fund manager Pollen Street Capital Limited advised on the sale.

Following the sale, SOF now holds 38.87% of Shawbrook Bank’s issued share capital.

In a stock announcement, Shawbrook said the sale was made in response to strong institutional demand from a high-quality investor looking to consolidate its position as a significant long-term investor in the bank.

Keywords: Bridging Finance, Commercial Finance, Bridging Broker, Commercial Broker, Alternative Finance, Broker news, Shawbrook, Special Opportunities Fund, Pollen Street Capital Limited, shares,

Source: Bridging & Commercial — https://bridgingandcommercial.co.uk/investment-fund-sells-5-51-stake-in-shawbrook