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Buxton’s trust raises £100m in IPO

Merian Chrysalis Investment Company raised £100m with its initial public offering – half of the intended £200m – according to a London Stock Exchange notice.

It is the first trust created by asset manager Merian Global Investors – a spin-off from Old Mutual Global Investors – which Richard Buxton bought with TA Association for £583m in June.

The trust fund will invest in mature but not listed private companies.

The business rebranded to MGI last month and had £34.4bn assets under management as at 31 July 2018.

Buxton’s Merian expands Asia presence with new partnership

Fund’s co-manager Richard Watts says: “We are delighted to be launching the Merian Chrysalis Investment Company, which will offer investors exposure to a portfolio of exciting, later-stage private growth companies, a market that investors, typically, have had limited opportunities to access.

Ex-SJP chair joins Buxton’s OMGI spin-off

“Despite challenging market conditions – following the global sell-off in October, and investors adopting a cautious outlook – we are pleased to have raised £100m at launch.

“There is significant interest in the asset class and our strategy and we have identified a strong pipeline of high-growth private investment opportunities.”


Buxton’s Merian expands Asia presence with new partnership

Merian Global Investors has teamed up with Ping An Asset Management in a new partnership joinging together expertise. Both businesses have signed a memorandum of understanding to mark the formal commencement of its new “strategic partnership” which aims to bring together skills to benefit both organisations and end clients. Ping An had already been used […]

Steve Bee

Steve Bee: Why still no justice for Waspi women?  

For calls for change to still be falling on deaf ears in 2018 is beyond disappointing There is a serious issue with our pension system today that has been allowed to continue for many years with no resolution. Over 20 years ago, the government decided to require millions of older people in the future to […]


Berkeley Burke: We will defend our position through appeal

In a response to the High Court judgement against Berkeley Burke for failing to carry out adequate due diligence on a £29,000 unregulated collective investment scheme, the Sipp administrator has released the following statement exclusively to Money Marketing: “Berkeley Burke Sipp Administration Ltd (“the Company”) notes the ruling in the judicial review and, on legal advice, will be seeking leave to […]


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