Rathbones and Brewin Dolphin, two UK-based wealth managers, have announced investments in Merian Chrysalis Investment Trust.
A statement published by the London Stock Exchange (LSE) confirmed Rathbones had bought a 7.12% stake, with Brewin Dolphin taking a holding of 5.8%.
Merian Global remains the largest shareholder in Merian Chrisalis Investment Trust, with 21% of shares.
The new stakes come following Merian Chrysalis doubling its target for fundraising, having already passed the original goal of £100m.
A spokesman for Brewin Dolphin said: "We invest in the trust on behalf of our clients. Under listing rules a notification is issued when a shareholding goes above 5%."