Schiehallion Fund Ltd

The Schiehallion Fund Limited specializes in providing growth capital and financing for later-stage companies. It primarily targets private businesses that show strong potential for eventually listing on a public stock exchange. The fund operates without any specific industry or geographical restrictions. Its investments are typically structured through equity and various equity-related instruments, such as preference shares, convertible debt, equity-linked notes, and warrants. The fund imposes limits on its investments: an initial stake in a target company will not exceed 10% of that company's most recent net asset value, and its total holding in any single portfolio company is capped at 19.9% or 20% of its overall value. Schiehallion seeks to invest in companies with an enterprise value of at least $500 million, focusing on long-term minority positions.