Maitland has been appointed as the AIFM, Fund Administrator and Company Secretary for the new Merian Chrysalis Investment Company.
Maitland will provide AIFM, fund administration and company secretarial services for the new Guernsey domiciled closed-ended investment company, which raised £100 million on its initial issue and has a premium listing on the London Stock Exchange.
The Company will invest in unlisted stocks and is co-managed by Richard Watts and Nick Williamson.
Nicola Stronach, Chief Operating Officer at Merian Global Investors said: “The Merian Chrysalis Investment Company Limited is our first listed product and we’re pleased to be working with Maitland. We are confident Maitland’s proven expertise will benefit the Company and its investors.”
Patric Foley-Brickley, Head of Institutional Business Development & Client Management at Maitland, added: “We are very pleased to have been appointed by Merian Global Investors for this exciting new venture. We look forward to working with them and to helping make a success of the Merian Chrysalis Investment Company.”