Chrysalis Investments sees assets surge above £1bn
Late-stage investment trust’s assets double in six months
Late-stage investment trust’s assets double in six months
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Unusual transaction for £1.1bn trust which is known for targeting late-stage investments, two to five years out from IPO
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£1.1bn trust leads £165m funding round for industry disruptor Smart Pension
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Baillie Gifford is not the only manager looking to boost exposure to private companies
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North American sourced FUM makes up 11% of boutique’s total compared to 6.5% a year ago
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Money transfer app makes up over 8% of Richard Watts and Nick Williamson’s late-stage company trust
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Trust’s manager had been at odds with the board over governance concerns
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Peter Hargreaves-backed boutique ‘has a very strong process and philosophy which could do very well in smaller companies’
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Numis describes move as ‘uncontroversial for a Baillie Gifford strategy’
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The trust believes China’s unlisted space offers ‘some excellent opportunities’
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Investors’ attraction to private assets has grown thanks to the likes of Scottish Mortgage
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Susan Searle had overseen Woodford Patient Capital’s decline and rebirth as Schroder UK Public Private
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