IP Group plc

Parkwalk wins ‘Best EIS Fund Manager’ category at the EISA awards

08 Feb 2018

IP Group plc (LSE: IPO) ("IP Group" or "the Group"), the developer of intellectual property-based businesses, is pleased to announce that Parkwalk Advisors Ltd ("Parkwalk"), the Group’s EIS fund management business, has won the ‘Best EIS Fund Manager’ category at the EISA awards.

The award, presented at the House of Lords, recognised an extremely strong 2017 for Parkwalk, where it committed in excess of £75 million to hard-science, knowledge-intensive growth companies commercialising the best of British innovation from world-class universities. Remarking on the award, the judges noted Parkwalk's "good returns and good early focus exactly in line with the objectives of the EIS”.

This follows on from the 2017 awards, when Parkwalk also won the ‘Best EIS Fund Manager’ and the ‘Best EIS Investment Exit’ categories.

For more information, please contact:

IP Group plc

www.ipgroupplc.com

Liz Vaughan-Adams, Communications

+44 (0) 20 7444 0062/+44 (0) 7979 853802

Parkwalk


Moray Wright

+44 (0) 20 7759 2288

 

Notes for editors

About IP Group

IP Group is a leading intellectual property commercialisation company which focuses on evolving great ideas, mainly from its partner universities, into world-changing businesses. The Group has pioneered a unique approach to developing these ideas and the resulting businesses by providing access to business building expertise, capital (through its 100%-owned FCA-authorised subsidiaries IP Capital and Parkwalk Advisors), networks, recruitment and business support. IP Group has a strong track record of success and its portfolio comprises holdings in early-stage to mature businesses across life sciences and technology. IP Group is listed on the Main Market of the London Stock Exchange under the code IPO.

Group holdings in portfolio companies reflect the undiluted beneficial equity interest excluding debt, unless otherwise explicitly stated.

For more information, please visit our website at www.ipgroupplc.com.