The purpose? To introduce its new California-based chief executive to a select group of investors and provide a trading and operational update.
It is a star-studded register and at least some names are understood to be getting restless for a liquidity event.
Elsewhere, Pacific Equity Partners and Igneo Infrastructure Partners have emerged as the only two parties in the running for LMS Energy, the biogas business that is owned by Sims Limited and its founders, the Falzon family.
Street Talk reported in April that Deloitte had been brought in to run a sell-down of Sims’ 50 per cent interest in the business.
From the start, it has been touted as a selective process, with the Falzons known to be cautious about whom they allow the register.
Shifting to public markets, small caps investment house Eley Griffiths Group is so saddened to see its star stock picks sail away to bigger indices that it’s setting up a new fund to tag along for a ride. The firm’s David Allingham and Tim Serjeant are in charge of the new strategy. And it’s just restocked its now seven-strong team after poaching senior research analyst Sean Kiriwan from MA Financial.
