Caledonia is a self-managed London investment trust with net assets of £1.8bn. It can trace its heritage back to the shipping empire established by Sir Charles Cayzer in 1878, whose family still owns 48.5% of the share capital.
Caledonia maintains a portfolio of international investments. Assets include listed equities, private companies and funds.
It takes a long-term investment approach, often over ten years, and provides development capital for growing companies at competitive rates. The company has paid an increased annual dividend every year for 50 years.
Seeks £400m valuation
2018 marks 150 years of investment trusts
Some of the UK's most prominent investment trusts received a performance boost last year from their positions in unquoted companies, one of which went on to launch the largest IPO in history.
Jupiter has appointed Caledonia Investments' Stephen Mitchell to the newly-created role of head of strategy for global equities.