R&M Micro Cap Investment Company (RAMMCIC)

October 2020 Factsheet

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River and Mercantile UK Micro Cap Investment Company Limited is a closed-ended investment company limited by shares, registered and incorporated in Guernsey under the Companies Law on 2nd October 2014, with registered number 59106. The Company is a non-cellular company and has been declared by the GFSC to be a registered closed-ended collective investment scheme. The manager of the Company Carne Global AIFM Solutions (C.I.) Limited] (the “Manager”), which will delegate portfolio management to River and Mercantile Asset Management LLP (the “Portfolio Manager”). However, the Board will actively and continuously supervise both the Manager and the Portfolio Manager in the performance of their respective functions. The Company’s investment objective is to achieve long term capital growth from investment in a diversified portfolio of UK Micro Cap Companies, typically compromising companies with a free float market capitalization of less than £100m at the time of purchase.

The Manager

Carne Global AIFM Solutions (C.I.) Ltd has been appointed as Manager to the fund under the terms of the AIFM Agreement.

Carne Global AIFM Solutions (C.I.) Ltd is a Jersey incorporated company specialising in the provision of AIFM Management Company Services and is regulated by the Jersey Financial Services Commission for the conduct of Fund Services Business. The company was incorporated on the 21 July 2014 and is 100% owned by the ultimate parent company being Carne Global Financial Services Ltd (Ireland).

Carne Global Financial Services Ltd (Ireland) is a privately owned company incorporated in Ireland and is the ultimate parent company to the Carne Group.

The Portfolio Manager

The Company has appointed River and Mercantile Asset Management LLP to manage the Portfolio. The Portfolio Manager is a UK-based investment management firm, which was established by James Barham with the backing of Sir John Beckwith and his Pacific Investments business. The Portfolio Manager specialises in managing UK and global equities for institutional clients and other professional investors. The Portfolio Manager, which is a 100 per cent. subsidiary of River and Mercantile Group PLC, was incorporated as a limited liability partnership in England under the Limited Liability Partnerships Act 2000 on 4 February 2006 with registered number OC317647. The registered office and principal place of business of the Portfolio Manager is 30 Coleman Street, London, EC2R 5AL The Portfolio Manager is authorised and regulated by the FCA and, as such, is subject to its rules in the conduct of its investment business. The Portfolio Manager is also registered as an investment adviser with the SEC in the United States.


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