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Former Woodford trust initiates first holding since Schroders takeover
By Harriet Habergham, 25 May 21
Schroder UK Public Private Trust has invested ‘milestone’ stake in cybersecurity company Tessian
Schroders has made its first investment for the UK Public Private Trust since it took over management from Neil Woodford in December 2019.
The Schroder UK Public Private Trust (SUPP) announced on Tuesday it had initiated a $6.75m (£4.78m) holding in cybersecurity company Tessian.
SUPP, managed by Tim Creed (pictured) and Ben Wicks, invested in Tessian as part of its $65m Series C funding round “to accelerate its mission of quantifying and preventing human risk in enterprises across the globe”.
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