Firm News

Mishcon de Reya acts for ACP Capital Limited on its listing on the Alternative Investment Market (AIM)

Release Date:

22 December 2005

Mishcon de Reya acted for ACP Capital Limited, a Jersey based niche investment and fund manager, on its listing on AIM.  ACP Capital Limited, focuses primarily on the asset-backed (i.e. real estate) sectors by providing/investing mezzanine and/or equity financing, raised £50 million in the process of its Initial Public Offering (IPO).

Derek Vago, founder and CEO of ACP Capital Limited has over 15 years experience in the European and Asian markets and was responsible for growing Nomura International PLC's Asset Finance Group into one of the leading players in the provision of both investment and non-investment grade finance in the European markets.

Corporate Partners, Nick Davis, Susan Breen and Kevin McCarthy led the Mishcon de Reya team.  Senior assistant, Karl Huckle and fee earners including Caroline Ricketts, Craig Timmis and Simon Nicholls assisted them.

This deal was a particularly interesting one for Mishcon de Reya due to the complex structuring and tax issues involved and the considerably accelerated timetable, which resulted in the timescale of three weeks from inception to announcement.

Nick Davis, Head of Mishcon de Reya's Corporate Group stated: "We have always had a good relationship with Derek Vago and we were delighted to have been instructed to advise ACP Capital Limited on their listing.   We look forward to working with them in the future to help them achieve their objectives".

Derek Vago said:

"In my 15 years experience in these markets I have worked with many corporate teams from the premier London firms and I must say that the Mishcon de Reya Corporate team have consistently shown themselves to be amongst the best.  I could not have chosen a better team to advise me and I look forward to continuing to work with them in the future".