Majority of the Company’s capital to be invested in a concentrated portfolio of significant holdings in approximately 5 to 10 publically traded companies, with a focus on UK markets, looking for the following key characteristics:

  • Current or near-term cash generation
  • Attractive management track records
  • Potential for superior risk-adjusted returns
  • Potential for liquidity or exit with an identified timeframe
  • Potential for the Company to add incremental value or utilise competitive advantage
  • Strong fundamentals

 

Investment Restrictions:

  • No single investment over 20% of NAV*
  • Any one sector or industry shall not account for more that 50% of NAV*
  • Investments in unlisted/unquoted companies limited to 30% of NAV*
  • Investments in other funds limited to 10% of NAV*
  • Derivatives may be utilised if deemed appropriate to mitigate the risk of interest rate or currency rate fluctuations or else
  • The Company may use security if it believes it will enhance shareholder returns. Borrowing is limited to 30% of NAV*

*Restrictions apply at the time of investment

TERMS AND CONDITIONS

THE MATERIALS CONTAINED HEREIN ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, TO U.S. PERSONS OR IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

The information and materials contained herein (the “Website Materials”) are exclusively intended for persons who are not residents of the United States and who are not physically present in the United States. The information contained herein and on the pages that follow do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or in any jurisdiction or jurisdictions in which such offers or sales are unlawful. The securities referred to herein and on the pages that follow have not been nor will they be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or with any securities regulatory authority of any state or other jurisdiction of the United States and may not be offered, sold, resold, taken up, exercised, renounced, transferred, delivered or distributed, directly or indirectly, within the United States or to or for the account or benefit of U.S. Persons (as defined in Regulation S of the Securities Act) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. There will be no public offer of the securities in the United States, Australia, Canada, Japan or the Republic of South Africa or any jurisdiction in which such an offer would constitute a violation of the relevant laws or regulations of such jurisdiction. CIP Merchant Capital Limited will not be registered under the U.S. Investment Company Act of 1940, as amended, and investors will not be entitled to the benefits of that Act.

Subject to certain exceptions, the securities referred to herein and on the pages that follow may not be offered, sold, resold, taken up, exercised, renounced, transferred, delivered or distributed, directly or indirectly, in Australia, Canada, Japan, the Republic of South Africa or any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction or to any resident or citizen of Australia, Canada, Japan or the Republic of South Africa. The offer and sale of the securities referred to herein and on the pages that follow have not been and will not be registered under the applicable securities laws of Australia, Canada, Japan or the Republic of South Africa.

Recipients of this information in any other jurisdiction should inform themselves about and observe any applicable legal requirements in their jurisdiction.

Any person accessing the Website Materials should carefully review the Terms and Conditions of the website. By using the Website Materials, you indicate that you accept the Terms and Conditions and that you agree to abide by them. If you do not agree to the Terms and Conditions, please refrain from using this website.

Please click the button below to confirm that:

YOU ARE NOT INVESTING OR OTHERWISE ACTING FOR THE ACCOUNT OR BENEFIT OF A U.S. PERSON OR A RESIDENT OF AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA; AND

YOU ARE NOT A U.S. PERSON OR OTHERWISE A RESIDENT OF AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA; AND

YOU ARE NOT IN THE UNITED STATES OR IN ANY OTHER JURISDICTION WHERE ACCESSING THIS WEBSITE MAY BE PROHIBITED BY LAW OR REGULATION; AND

YOU HAVE READ, UNDERSTOOD AND AGREE TO THE ABOVE.