Name

Chrystal Capital

Chrystal hosts Family Office technology forum with leading industry entrepreneurs

September 2016

Chrystal Capital partnered with Julius Baer, to host 50 Family Offices, for an exclusive forum and lunch to discuss European Technology, at 12 Hay Hill, Mayfair on the 7th September 2016. Technology has been a focus for Chrystal in recent years having, amongst others invested in and raised capital for two of the Largest Series A fundraises in Europe. The audience were treated to an all-star keynote and panel discussion from some of the leading figures in the sector: Niklas Zennström Co-Founder, Skype & CEO of Atomico, Brent Hoberman CBE Co-Founder, Lastminute.com & Made.com, Christian Angermayer Founder and Chief Executive Officer, Apeiron Investment Group and Toby Coppel Co-founder Mosaic Ventures, formerly Virgin & Yahoo.

The morning was attended by a mixture of prominent tech investors and those looking to invest in the sector, including Single Family Offices, UHNWIs and Top private tech VC firms. The discussion was spearheaded by Niklas Zennström talking about the force of technology in recent years and highlighting ‘the five largest companies in the world are now technology companies’. He talked through his experience of founding a tech unicorn, Skype, and how to scale such a business. Brent Hoberman CBE described his search for, and backing of, the young and exciting founders of potential unicorns, calling them ‘Mavericks’. Christian Angermayer a seasoned entrepreneur recounted his experience of bringing technology into countries such as Africa and his passion for Fintech. Toby Coppel, who runs a top tier VC firm, spoke about how to work with management teams and how to help on the operational side of investee companies.

Chrystal Capital provides alternative sources of funding for select private and public companies globally. The partnership raises finance predominantly from large single family offices, UHNWIs and select niche institutional investors; providing a unique gateway to sources of capital that are difficult to access. Chrystal Capital has advised on over 40 transactions and has raised over $750 million for its clients since founding in 2010, via private placements, IPOs, rights issues, convertible bonds and secondary equity issuances for public companies.

 

James Innes, Co-Founder of Chrystal Capital, commented on the technology forum: “We tend to keep our events private and intimate, this technology morning was slightly bigger than our usual Family Office Lunches but with such a hot topic and influential speakers, we initiated our first forum, with some of the largest family offices in the UK in attendance. We would like to thank Julius Baer, our keynote panel and our family office clients, for making the day such a success.”

 

Niklas Zennström, Co-Founder, Skype & CEO of Atomico commented “I pick my speaking engagements wisely but I was very happy to talk to such a sophisticated audience alongside such an interesting panel with friends and entrepreneurs such as Brent, Christian and Toby. It was very insightful to understand the thoughts on the technology sector from some of the leading Family Offices in the UK. We had a an interesting debate about ‘European Tech vs Silicon Valley’ and where the good deals are coming from, the UK is positioned in a very interesting place at the moment!!! All in all a very well organised and worthwhile morning.”