Chrysalis Investments (formerly Merian Chrysalis : MERI) aims to provide access to returns available from investing in later-stage private companies with long-term growth potential, an investment class that has traditionally been difficult to access for individual investors. The company also benefits from the flexibility to continue to support these businesses after they IPO.
The managers believes that private markets represent an attractive investment opportunity. With many businesses choosing to stay private for longer, the market is growing in significance and the opportunity for investment in high-growth, pre-IPO companies is increasingly compelling. Chrysalis will look to make private investments in companies where the valuation appears attractive, particularly against a listed market background. These businesses are typically at an advanced stage of private ownership and beginning to consider an IPO.
We have written some notes that seek to explain the workings of the fund:
- Turned a corner, published on 7 February 2024
- Putting growing pains behind it is an update note published on 26 July 2023
- Shepherding its portfolio through the storm was our initiation note, published 9 September 2022
you can access the company’s website here