Chrysalis Investments Limited (CHRY) ORD NPV

Chrysalis Investments Limited is a Guernsey-based closed-ended investment company. The investment objective of the Company is to generate long-term capital growth through investing in a portfolio consisting primarily of equity or equity-related investments in unquoted and listed companies. The Company invests primarily in equity and equity-related instruments (which shall include, without limitation, preference shares, convertible debt instruments, equity-related and equity-linked notes, and warrants) issued by portfolio companies. The Company also invests in partnerships, limited liability partnerships, and other legal forms of the entity where the investment has equity-like return characteristics. G10 Capital Limited is the alternative investment fund manager (AIFM) to the Company.

The Company will invest in a diversified portfolio consisting primarily of equity and equity-related securities issued by unquoted companies. Investments will be primarily in equity and equity-related instruments (which shall include, without limitation, preference shares, convertible debt instruments, equity-related and equity-linked notes and warrants) issued by portfolio companies. The Company will also be permitted to invest in partnerships, limited liability partnerships and other legal forms of entity where the investment has equity like return characteristics.

• Ongoing charge0.38%
• Annual management charge -
• Performance feeYes

Management fee will be equal to 0.5% p.a. of the NAV by monthly in arrears. The performance fee, 20% of the amount by which the Adjusted NAV exceeds the higher of i the Performance Hurdle and ii the High Water Mark. The Agreement may be terminated on not less than six month.