The River and Mercantile UK Micro Cap Investment
Company Limited raised £50.6 million on its listing on
the premium segment of the London Stock Exchange (LSE) on 2
December 2014.
A new Guernsey closed-ended fund, it will focus on achieving
long term capital growth from investment in a diversified portfolio
of UK micro-cap companies (companies with market capitalisations
typically of less than £100 million at the time of purchase).
River and Mercantile Asset Management LLP has been appointed as
portfolio manager.
Guernsey legal advisers Carey Olsen worked with international law firm
CMS Cameron McKenna LLP on the launch.
River and Mercantile Asset Management LLP Chief Operating
Officer, Julian Cripps, said: "We are pleased to have been
able to work with Carey Olsen and CMS Cameron McKenna. Their
experience, professionalism and ability to bring the onshore and
offshore elements together seamlessly have helped us to achieve a
successful initial placement. Their
