Carey Olsen advises on Tufton IPO

Posted: 10/01/2018

Carey Olsen's Guernsey office has advised Tufton Oceanic Assets, a Guernsey-registered fund, on the completion of its initial public offering on the London Stock Exchange.
Trading on the specialist fund segment of the LSE's Main Market, the fund's initial placing raised $91 million and will be used to invest in a diversified portfolio of commercial sea-going vessels. 

Tufton Oceanic, its investment manager, has been a specialist fund manager in the maritime and energy markets since 2000 and has been focused on financial services to these industries since its inception in 1985.
Carey Olsen's team included Partner Ben Morgan and Senior Associate John Scanlan, who advised Tufton Oceanic on the Guernsey legal aspects of the IPO.

Add a Comment

  • *
  • *
  • *
  • *
  • Submit

Want to know when we publish new content?

All you need to do is sign up for our newsletter.You'll receive a daily summary email of new items which have been published.

Please be advised that the volume of Business News articles which we publish is fairly high and you should expect to receive an email most days.

You can update your preferences at any time by registering for a account and visiting the 'Your Profile' page.


It's easy to stay current with

Just sign up for our email updates!

Yes please! No thanks!