Open main menu
Home
Random
Donate
Recent changes
Special pages
Community portal
Preferences
About Stockhub
Disclaimers
Search
User menu
Talk
Contributions
Create account
Log in
Editing
Seraphim Space Investment Trust
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
=== Asset management === Portfolio management is carried out, in the majority of investments, via board representation, regular portfolio monitoring and continued utilisation of the βecosystemβ. Regular and close scrutiny of the investment assists in its development but can also highlight potential issues with the investment thesis or operational performance. Strategically, Seraphim Space aims to hold investments indefinitely as it takes time for these early-stage assets to mature β both in terms of technology and financials and to achieve value appreciation to reflect this. Three portfolio companies have listed on US markets, Arqit Quantum (September 2021) and AST SpaceMobile (April 2021) on Nasdaq and Spire Global (August 2021) on the New York Stock Exchange. SSIT has not retained a board representation on any of these businesses. Since 2016 only one investment has been exited through a trade sale: when UltraSoC was acquired by Siemens (June 2020), having delivered an IRR of 80%. Nonetheless, for a portfolio of largely private companies, funding and the route to exit is also a key part of the management process. As part of the ongoing monitoring process, there is a quarterly portfolio review, where an update for each portfolio company is provided to the investment team.
Summary:
Please note that all contributions to Stockhub may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Stockhub:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)