Case Studies
Crystal Amber Fund was admitted to trading on AIM having raised £60m
Crystal Amber Fund
Crystal Amber is an activist fund that was established to invest in UK listed mid-cap companies considered to be undervalued with a view to promoting measures to correct the undervaluation.
West Hill provided a vast range of advisory services in connection with the launch of the fund and also introduced institutional investors.
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Capital Raised
£60m AIM IPO
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Investors
Substantial institutional investor list. Cornerstone investors included Invesco Perpetual, Baring AM, Merseyside PF and Artemis.
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Outcome
Latest NAV per share is 162.2p, a 62.2% increase on the original issue price, an 8% IRR on subscription
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A Dividend of 5p per share was also paid in 2015.