The Par EIS Fund is an evergreen fund that invests in a diversified portfolio of 6-8 investments.

"In my view, a key strength of Par Equity is the depth & breadth of experience in the investment team, and the benefit this brings to investee companies"

The key features of the fund are:

  • The focus is on technology based companies that are already generating revenues.
  • We invest in people, and back high quality management teams.
  • Co-investment with experienced angel investors and the Scottish Investment Bank.
  • Targeting an IRR of 15%
  • Minimum Investment £20,000.

The fund is not an unregulated collective investment scheme (UCIS).

Par EIS fund

The Par EIS fund is a means of building a portfolio of investments in early stage companies. Such investments carry risks and are intended for investors able to understand and bear those risks.

To access fund documents and independent industry reports, please read and confirm your acceptance and the terms of this website.

Independent Industry Reports

We will send you independent industry reports, upon successful completion of our criteria.

Example summary: Hardman & Co.

2 April 2019

"A well run company with a credible investment process. The team brings a broad range of backgrounds with experiences in different areas."

Download Hardman report [528kb PDF]

Terms of use

Please read the following important notice and confirm your acceptance of the basis on which information is made available via this website:

Par Fund Management Limited ("PFML") is an investment management firm whose registered office is at 3a Dublin Meuse, Edinburgh, EH3 6NW and whose registered number is SC338649. PFML is authorised and regulated by the Financial Conduct Authority ("FCA") and is registered on the FCA's Register with the number 485668. PFML provides investment management and similar services to its private clients and acts as investment manager to a number of investment funds, focusing on various alternative asset classes, in particular venture capital.

Risk warnings

Investments in unquoted shares carries an above-average level of risk compared with quoted shares. An investor may not get back the amount invested and could lose all of the capital invested. The value of an investment may go down as well as up, but in any event such value can only be realised on a sale of that investment. These investments are highly illiquid and as such, there may not be a readily available market to sell them and no market value exists. Furthermore, past performance is not necessarily a guide to future performance, as there are many contributory factors that can influence the value of shares in early-stage companies.

Seeking professional advice

PFML does not provide advice on the suitability or appropriateness of investments with regard to a potential investor’s individual circumstances, risk tolerance or investment objectives and investors should seek independent financial advice if they are in any doubt whether a product is suitable or appropriate for them. It is the responsibility of investors to satisfy themselves that any investments they make are right for them and applications may be made only by using the appropriate application forms.

Types of investments referred to on this website

Applications to invest in any fund or company referred to on this website or otherwise should only be made on the basis of the information set out in the relevant offering documentation. The investments referred to on this website are intended for experienced private investors and institutions and may not be suitable for all investors. The various types of fund or pooled subscription investment referred to on this website are not regulated by the FCA and as such, such products may not be freely promoted to the general public and may only be promoted to specific classes of investor, as permitted by law and/or the regulations promulgated by the FCA.

Information to be provided by prospective investors

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Intended use of information

The information on this website is directed only at persons in the UK and does not constitute advice of any kind (including investment or tax advice). It does not amount to an offer or invitation to buy or sell an investment in any fund or company referred to on this website.

Third party products and services

This site contains links to other websites provided by independent third parties (Third Party Sites). PFML does not endorse and accepts no responsibility or liability for the use, availability or contents of Third Party Sites and any such use is entirely at your own risk. Liability

PFML will take reasonable care to ensure that the information provided on this website is accurate and up to date, although no representations or warranties are given of any kind, express or implied, with regard to the accuracy or completeness of this information.

PFML and its directors, employees and officers exclude all liability and responsibility in connection with the use of this website. Users of this website do so entirely at their own risk.

PFML may amend the content of this website or any part of it, or may periodically make it unavailable for updating, with or without notice, at any time, and is not liable to users of this website for any effect thereof.

The above limitations and exclusions shall not affect the statutory duties or liabilities of PFML, or purport to apply to liability for fraud, or for death or personal injury caused by negligence.