IIG

Intuitive Investments Group PLC

Financial Services First-pass screen £497m

300/1000 Overall fit

AI beneficiary 35% 35

Operating leverage 25% 28

Valuation 25% 25

Downside protection 15% 32

First-pass take

Closed-end life sciences fund with minimal AI thesis—only PneumoWave shows explicit AI (software); no stated strategy around AI/ML trends. NAV fell 10.6% YoY; unrealised investment losses £1.5m; quoted holdings collapsed 59%. Micro-cap (£12.9m) concentrated in Sanondaf (49%) facing post-COVID revenue decline and acquisition integration risk. No share-price data; cash eroding.

Flags

no-valuation-dataloss-makingmicro-capconcentratedportfolio-deteriorationsmall-cap-healthcare-headwindsintegration-riskcash-burn