Bramson's Sherborne takes Electra stake to almost 25%

Edward Bramson's Sherborne Investors has further upped its interest in Electra Private Equity as it plans its next move following an unsuccessful attempt to take control of the trust last year.

His company, Sherborne Investors, increased its stake from 22.1% in December to 23.4% on Friday, according to a stock exchange filing released today. Following hot on the heels of earlier stakebuilding moves last month, Sherborne's position is fast approaching 25%, a stake analysts at Numis suggested the Electra board would “find it increasingly hard to ignore”. Bramson (pictured) has been gradually increasing his stake in Electra Private Equity over the last year and has been actively campaigning to take control of the trust during that period. In July, Electra’s chairman and b...