Portfolio manager benefits
Permanent capital structure
A structure that is not subject to capital redemptions allows fund managers to make long-term investment decisions without the pressure of forced exits, a crucial advantage for maximizing value in illiquid assets.
Well-established market
For over 155 years, investment companies have been a source of capital for differentiated, actively-managed investment propositions.
Ability to grow the capital pool
Ability to raise further capital via follow-on issuances of shares, to make additional investments and scale AUM.
Strong ecosystem
High quality sell-side research analyst and advisory community including banks, law firms, accounting firms and fund administrators.
Deep investor base
A well established and knowledgeable universe of institutional and retail investors.
Extensive test marketing
At little to no cost, portfolio managers can test investor appetite prior to an IPO.
Index inclusion
Potential eligibility for inclusion in the FTSE UK Index Series, currently constituting 35% of FTSE 250.