The UK closed-ended funds universe includes c. 300 names with over £290bn in assets under management, accessing a range of asset classes including equities, fixed income, private equity, real assets and alternatives.

Authored by Priyan Rayatt and Fabio di Carlo, this channel aims to provide company-specific research, wider market analysis and thematic insights for market participants.

Priyan has over a decade of experience across fund research and corporate strategy. He started at Killik & Co, analysing collectives across equities, credit and real assets, before moving to the side-side at Peel Hunt, where the team built out the investment companies research platform into an award-winning product. In successive years, Priyan was a top ranked analyst.

Priyan has worked with numerous prospective clients and investors to originate and develop new investment strategies, collectively raising over £1bn through IPOs and scaling to over £4bn thereafter. Priyan is a CFA Charterholder and joined Ellora Partners in 2021 which became part of Marex in 2024.

Fabio started his career in 2020 at Theorema Asset Management, a long-short equity hedge fund with a European focus. There he worked as an equity research analyst covering a variety of different sectors, including industrials, energy and chemicals.

Prior to this, Fabio completed an internship in wealth management at Intesa Sanpaolo after graduating from King’s College London in 2019. Fabio joined Ellora Partners in 2023.