Merian has picked Maitland as the AIFM, Fund Administrator and Company Secretary for its new Merian Chrysalis Investment Company.
Maitland will provide AIFM, fund administration and company secretarial services for the new Guernsey domiciled closed-ended investment company, Merian Chrysalis Investment Company is a new fund from asset manager Merian Global Investors, run by veteran British investor Richard Buxton (pictured above), and its first devoted to unlisted firms, as reported by International Investment.
“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,” Nicola Stronach, chief operating officer at Merian Global Investors, said in a statement.
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.”
Maitland is a global advisory, administration and family office firm providing legal, fiduciary, investment and fund administration services to private, corporate and institutional clients across multiple jurisdictions.
Privately owned, Maitland has 16 offices in 12 jurisdictions, over 1,100 employees and over $250bn in assets under administration.