This article really gets at the heart of the strategy of the Investment Trust and advantages and challenges of this particular type of vehicle.
Seraphim will first focus on making more investments in its existing portfolio, which in addition to the 19 under Seraphim Capital includes stakes in 27 companies through its Seraphim Space Camp Accelerator. “Those where we have the highest conviction we’re planning to double down, triple down or even quadruple down on our holdings,” he said. Seraphim is also tracking new opportunities where in some cases previous funding constraints held it back from making an investment. In other cases, Seraphim is taking a fresh look at ventures that have overcome technical and commercial risk that prompted Boggett and his partners to take a pass during early funding rounds. Although the newly trading trust can invest in both public and private companies, Seraphim has committed to only investing in listed space companies that it had bought into while they were still private.