Monthly Archives: March 2014

25 March 2014

Portfolio company – Xeros – successful IPO

By |March 25th, 2014|

We are delighted to announce that Xeros, a Parkwalk portfolio company, successfully listed on AIM on the 25th March 2014.

Parkwalk first invested in October 2010, at 33.0p per share equivalent (26.4p net of initial tax relief), and the IPO price of 123p represents a 4.65x tax-free return for our investors in a little over […]

Horizon Discovery – Record AIM $113m IPO

By |March 24th, 2014|

Parkwalk portfolio company Horizon Discovery is set to create UK stock market history with a significantly oversubscribed AIM IPO on Thursday March 27, with a market cap of £120.5 million after raising £68.6m from institutional investors against an original target of £25m.
Read more here.

The 2014 Budget

By |March 20th, 2014|

Implications for Tax Efficient Venture Capital investing and Parkwalk in particular

The most significant change announced was that the rate of the R&D tax credit payable to loss making small and medium enterprises is being increased from 11% to 14.5%. This is a significant boost to all the companies in our universe and will help […]

Arkivum – Fund IV Investment

By |March 13th, 2014|

We are pleased to announce that Parkwalk Funds have made a follow-on investment into Akivum.

Arkivum has developed a safe and simple process to manage data security and safety. The process has the highest integrity to ensure information remains in bit-perfect condition all the time. The company uses an industry leading, energy efficient and proven […]

Co-Investor Update

By |March 13th, 2014|

IP Group and Imperial Innovations
Here we highlight the latest news on both companies, particularly the investment performance of their portfolios. The increase in interest in the university spin-out technology sector continues, with the sector raising over $500m in 2014 – Highlights include IP Group, Imperial Innovations and Allied Minds all raising substantial on-balance sheet […]

Mode DX – Fund IV Investment

By |March 13th, 2014|

Parkwalk have invested alongside Longwall Ventures, IP Group, Scottish Enterprise and various members of the management team in this tranched Series ‘B’ round into Mode DX, a spin-out from the University of Glasgow.

Management hope the company will reach cash break-even in year three following this investment. The second tranche will be drawn down after […]

Financial Times: Oxford courts wealthy backers with EIS fund

By |March 8th, 2014|

Amid looming reductions in pension allowances and the annual scramble ahead of the end of the tax year, a new range of Enterprise Investment Schemes (EIS) is promising opportunities for wealthy investors to manage their tax liabilities.

The University of Oxford Isis fund, launched in February, is being offered by Parkwalk Advisors in collaboration with Isis Innovation, […]

Friday Thoughts

By |March 7th, 2014|

Primary/Secondary markets: Investing /Saving …… If you were to look down the recently published Forbes list, you will notice that the most common way to get on there is to start a company – Inheritance comes in a distant second.

The word ‘investment’ when used by financial people often gets used the wrong way, and is misleading.

There […]

Microsaic Systems

By |March 4th, 2014|

Microsaic Systems Showcases Miniaturized Mass Spectrometry at PITTCON 2014: Microsaic Systems, a high technology company developing, marketing and manufacturing next generation mass spectrometry (MS) instruments, is showcasing its latest innovative products offering enhanced productivity and time and cost savings at PITTCON (booth 1051).

………….Read More