OUT ONE DOOR AND BACK THROUGH ANOTHER, ELEVATION CAPITAL VALUE FUND HAS RE-INVESTED IN OUT-OF-HOME ADVERTISING

Elevation Capital Value Fund: After receiving a takeover offer in July 2018 for our investment in APN Outdoor from JC Decaux (also a Fund holding) we re-invested the proceeds back into the out-of-home advertising (OOH) market by acquiring stakes in two new undervalued companies for the Fund: Outfront Media in the USA and QMS Media in Australia and New Zealand. Read more about this development and view videos from the companies in our monthly mailer (released 10 October 2018) here.