Chrystal Capital’s new co-investment team has introduced family office capital into a co-investment fundraise, alongside an asset manager, participating in the US $9.5 million Series C extension in Le Tote.
The round has been led by the highly respected European and Silicon Valley based investment firm, Initial Capital, who have a proven track record in backing disruptive early-stage technology companies.
Globally renowned tech investor DIG Investments partnered with Chrystal Capital to raise £17 million via a private placement for Velocity Mobile, the world’s leading international digital hospitality service.
James Innes cannot help but smile whenever he glances at a supposedly definitive inventory of the wealthy, such as the Forbes World’s Billionaires list or the Sunday Times Rich List. His interest is piqued more by who does not get a mention, than who does.
Over 180 families participated in the fourth bi-annual Financial Times Family Office survey – a research project designed to help develop a better understanding of the performance drivers of Single and Multi-Family Offices globally.
A large European FO and three additional smaller FOs from Chrystal Capital’s network invested £13 million into a pre-IPO private placement of shares in Silurian Hallwood Plc, a private shale oil & gas company operating in Poland.