Innovative Aviation Fund joins the London Stock Exchange’s Specialist Fund Market

  • Doric Nimrod Air Two lists £145m initial market capitalisation
  • Will become tenth fund on the market

The London Stock Exchange today welcomes Doric Nimrod Air Two Limited (DNA2) to the Specialist Fund Market (SFM). DNA2 is the tenth fund listed on the SFM and lists with £145 million initial market capitalisation.

DNA2’s investment strategy involves the purchase and leasing of aircraft to a major global airline. DNA2, which is incorporated in Guernsey, builds on the success of Doric Nimrod Air One Limited which was admitted to the SFM in 2010.

Tracey Pierce, Director of Equity Primary Markets at London Stock Exchange Group said:

“We are really pleased to welcome Doric Nimrod Air Two to the SFM today. The innovative structure of this new fund is perfectly suited to the Specialist Fund Market, where it will benefit from access to a pool of highly sophisticated investors.

The SFM is specifically designed to support investment structures of this type and the entry of Doric Nimrod Air Two to the market is testament to the success of the SFM in giving new funds, with a clear investment strategy, a specialised route to accessing international capital.”

Richard Bolchover, a Partner at Nimrod Capital LLP said:

"This is the fourth company Nimrod Capital has listed on the SFM. The market does what it says on the tin - it is a specialist market where bespoke providers can introduce differentiated and entrepreneurial product to sophisticated, professional investors."

Doric Nimrod Air Two is the eleventh IPO on the SFM since launch and becomes first issuer to have joined the SFM this year.

Funds currently listed on the market are as follows:

  • Altus Resource Capital Limited
  • CATCo Reinsurance Opportunities Fund Ltd
  • Damille Investments Limited
  • Doric Nimrod Air One Limited
  • Doric Nimrod Air Two Limited
  • HarbourVest Global Private Equity Limited
  • IRF European Finance Investments Limited
  • Marwyn Value Investors Limited
  • NB Private Equity Partners Limited
  • NB Distressed Debt Investment Fund Limited

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For further information, please contact:

Thomas Gilbert                                  Press Office +44 (0)20 7797 1222

                                                         newsroom@londonstockexchange.com

Notes to editors:

About the Specialist Find Market:

The Specialist Fund Market is the Exchange's regulated market for specialist investment funds, targeting institutional, professional and highly knowledgeable investors.

About London Stock Exchange Group:

London Stock Exchange Group (LSE.L) sits at the heart of the world’s financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe’s capital markets.

The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world an extensive range of real-time and reference data products and market-leading post-trade services. 

Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1500 people. Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com.