9 October 2021
Our trade body, Enterprise Investment Scheme Association (EISA), hosted its 2021 awards ceremony at The House of Lords, and we are thrilled to announce that Par Equity won the Best EIS Investment Manager of the Year.
Furthermore, we were also highly commended for the EISA Impact Award, recognising our deltaDNA exit!
A very proud moment and a superb reflection of the impactful work carried out by the entire team and the brilliant progress our portfolio has made and their collective ingenuity and hard work over the last 12 months navigating the challenges and opportunities of the pandemic.
We would like to thank EISA for this recognition, as well as our supportive investor base and all of our portfolio companies.
Read more here.
This coveted award from our industry body, EISA is a significant milestone for Par Equity and reflects the important and impactful work carried out by the entire team. It also represents the brilliant progress our portfolio has made and their collective ingenuity and hard work over the last 12 months navigating the challenges and opportunities of the pandemic. So, thanks to EISA for this recognition, thanks also to our supportive investor base and well done to our portfolio companies.
Our submission for the award focused on the consistency and quality of our performance. Par has returned cash to investors every year for the past nine years, and our return profile across all realisations to date is sitting at around 3.5x money invested. One of our distinguishing features is the multi-faceted support we offer our investee companies. Not only are we increasingly able to support our companies from first cheque to last, but we also layer on the expertise of our Investor Network and advisory community. It’s a force multiplier to our operations. We also campaign hard to improve the effectiveness of the industry. Recently we campaigned to extend the carry back feature from one to two years, which has potential to smooth the deployment of capital across early-stage businesses. Our financial adviser led survey showed universal support for this step, and on the back of this, we submitted a proposal to the Treasury.
