Crossover Investor

Crossover Investor

An investor who buys an interest in a company at numerous stages in its life cycle. This especially refers to one who buys stock in a company before, during, and after its IPO. The crossover investor's strategy is to buy at different stages of the life cycle to maximize returns. See also: Buy and hold.
References in periodicals archive ?
However, Aviva Investors' deputy head of emerging market debt, Aaron Grehan, whose firm has nearly $415 billion in assets under management, sees no risk of a bubble and says that crossover investors' appetite should encourage more issuance.
Biotechs financial reservoirs are full: Biotechnology companies raised nearly US$71b in 2015 due to a record level of venture capital financing and the increased presence of crossover investors. Innovation capital, cash raised by US and European biotechs with revenues of less than US$500m, eclipsed US$41b, its highest-ever total.
However, data from the National Venture Capital Association (NVCA) shows that most of the growth in private funding has been driven by late-stage financings and crossover investors rather than by traditional venture capital (VC).