Award for WhiteRock Capital Partners

RNS Number : 4581D

Braveheart Investment Group plc

28 March 2014

 



28 March 2014

Braveheart Investment Group plc

('Braveheart', the 'Company' or the 'Group')

WhiteRock Capital Partners wins Alternative Funder of the Year Award

Braveheart Investment Group plc, the AIM-listed investment management group providing debt/equity and advisory services to SMEs and servicing the investment requirements of business angels, high net worth individuals, family offices, and public sector organisations, is pleased to announce that WhiteRock Capital Partners LLP ('WCP') won an industry award at the Insider Northern Ireland Dealmakers Awards last night.

WCP was formed to manage the £50m Northern Ireland Growth Loan Fund and was established in 2012 by Braveheart, Clarendon Fund Managers Ltd and NEL Fund Managers Ltd.  The award was for Alternative Funder of the Year, and was accepted by Paul Millar, Chief Investment Officer of WCP, at a formal dinner held at the Europa Hotel, Belfast, on 27 March 2014.     

Geoffrey Thomson, CEO of Braveheart, attended the event and said: "We congratulate the team on winning another prestigious award. The Growth Loan Fund is now well established and is providing an important and innovative financing solution to the SME market in Northern Ireland."     

Further information:

Braveheart Investment Group plc

Geoffrey Thomson, Chief Executive [e-mail]

Tel: [phone]

Sanlam Securities UK Limited (Nominated Adviser and Broker to Braveheart)

Lindsay Mair Catherine Miles

Tel: [phone]

WhiteRock Capital Partners

Paul Millar [e-mail]

Tel: [phone]

Media enquiries:

Allerton Communications

Peter Curtain [e-mail]

Tel: [phone]

Notes to Editors

Braveheart Investment Group plc

Braveheart provides financing for small and medium sized enterprises (SMEs) as follows: 

For the company looking to raise money, we provide:

·     Equity capital.  This form of financing is typically long term and is usually appropriate for fast growing businesses or early stage companies.  We will consider equity financings where our individual investment, or the investment we arrange, would normally be a maximum of £2m although we are happy to participate in larger financings as part of a syndicate.

·     Debt finance.  Short to medium term and for companies with cash flow to service the loan.  Our unit size for this type of finance is up £1m and we will usually provide junior debt which is unsecured but linked to an equity instrument.

The money we invest comes from a variety of sources (see below) and is sometimes linked to particular geographical locations.

To the investor, we provide a one stop shop service to those in one of the following groups who are looking for exposure to SME investments:

·     High net worth (HNW) individuals looking to build tax efficient Enterprise Investment Scheme (EIS) and Seed EIS portfolios;

·     Family offices and private sector institutions; and

·     The Public sector.

Investors can choose between investment types ranging from self-build portfolios, to a full fund management service.

www.braveheartgroup.co.uk

 

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