Oxford Capital has been named EIS Fund Manager of the Year for the second year running and for the fourth time in total.
Managing partner David Mott commented, “What makes this particular award so special is that it is voted for by members of the EIS Association, including accountants, tax advisers, independent financial advisers and other fund managers. To have our success recognised by our industry peers is a real honour.”
The award reflects the busy and rewarding year we enjoyed in 2013. Within our Growth Capital strategy, we invested in two new companies and completed follow-on investments in ten existing portfolio companies. We also exited our investment in Arieso, a company that develops hardware and software to optimise the performance and efficiency of mobile phone networks. Arieso was acquired by JDS Uniphase, a US-based networks business, in an $85m cash transaction. This generated a 4.7x return for our EIS fund investors.
Through our Infrastructure strategy, we made nearly 40 separate investments into EIS-qualifying companies which own and operate renewable energy assets. Our Infrastructure investments have so far been focused on Solar Photovoltaic sites but during 2014 we expect to diversify into other assets, including Anaerobic Digestion plants.
We would like to pass on our thanks for this award to the EIS Association and to the members who voted for us.