News
- Home
- Chrysalis Investments looks to grow with its active pipeline at around £1bn
Further to Chrysalis Investments’s (CHRY’s) announcement on 8 March 2021 that authority for a new placing programme to issue 600m ordinary and/or C shares had been approved, the company will shortly publish a prospectus containing details on the placing programme.
CHRY has raised £470m of capital from shareholders since its launch, which means that the implied revaluation performance has contributed approximately £308.2m, or roughly 39.6% of total asset growth, as at 31 December 2020.
CHRY notes that its manager currently has an active pipeline of potential new investments totalling circa £1bn across a number of sectors including Renewable Energy, Fintech, E-commerce and SaaS. The company says it has had significant success over the last two years through follow-on investments, and continues to see significant opportunities in this regard. The manager has identified circa £250m of potential follow-on opportunities for the coming months.
CHRY reported the following investment highlights, to go along with this morning’s announcement:
“Prospective IPOs from existing portfolio
Strong market for tech-enabled names; IPO market buoyant
Developed pipeline of new investment opportunities
Follow on investment opportunities
Opportunities afforded by increased scale
CHRY: Chrysalis Investments looks to grow with its active pipeline at around £1bn
Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.
Due to data protection policies, USA residents can not access our data.
Your content has been curated