LONDON (ShareCast) - (Sharecast News) - RiverFort updated the market on its investment activity on Friday, reporting that since its third quarter update on 15 November, it had continued to be active in deploying its capital in RiverFort-arranged investments.
The AIM-traded firm said it had now invested more than £3.1m, compared to the figure as at 15 November of £2.7m.

Its recent activity included making investments in certain AIM and ASX-listed companies, including further investments in a secured mezzanine loan for EQTEC, and in a secured convertible loan for Artemis Resources.

As a result, the percentage of the company's investment portfolio that comprised income-generating RiverFort-arranged investments continued to increase, and now represented a "significant part" of the firm's net asset value, according to the board.

"We are very much on track in terms of implementing our strategy of investing in attractive income generating opportunities," said chairman Nicholas Lee.

"We expect the demand for our investment funds to increase given the uncertain markets that we are in today."

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