Merian Chrysalis fund announces £100m share sale

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By Aidan Gregory
10 Sep 2019

Merian Chrysalis Investment Co, the closed-end investment fund focused on private companies, has launched its second follow-on offering since it listed on the London Stock Exchange in November last year.

In a regulatory filing on Tuesday, the fund said it had decided to raise at least £100m of capital to take advantage of a promising pipeline of new investments, and to acquire more shares in the companies it already owns, to rebalance its portfolio after several large recent ...

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