IP Group news 0

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 recently acquired EIS Fund Manager, has won both the 'Best Investment Exit' and 'Best EIS Fund Manager' categories at the EISA awards on the 1^st February 2017. The awards were presented at the House of Lords to firms, advisers, companies and individuals that achieved outstanding performance in the context of the EIS/SEIS schemes during 2016.

On the 'Best Fund Manager' award, the judges said: “Parkwalk embody the essence of the true principles of EIS, and their work with the UK’s top universities to invest in knowledge intensive, early-stage technology is quite simply transformational. They are a company that backed 36 financing rounds in 2016, deploying £40 million of EIS funds.”

On the 'Best Exit' award, the judges described the exit of Cambridge CMOS Sensors as a “shining example of collaboration, between Cambridge University and venture capital, where the interests of the university, founders and shareholders were aligned, and where clear objectives were set.

"If there were text book exits for EIS then this would certainly be one.” 

This follows on from last year's awards, when Parkwalk was again recognised in the 'Best EIS Investment Exit' and the 'Best EIS Fund Manager' 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 subsidiary IP Capital), networks, recruitment and business support. IP Group has a strong track record of success and its portfolio comprises holdings in approximately 80 early-stage to mature businesses across four main sectors -- Biotech, Cleantech, Healthcare and Technology. The Company is listed on the Main Market of the London Stock Exchange under the code IPO.

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

About Parkwalk

Parkwalk is one of the UK's leading technology Enterprise Investment Scheme fund managers. Parkwalk Funds invest in high-growth, knowledge-intensive companies with a focus on technology and innovation primarily sourced from UK universities. Investments are made across the growth curve from early stage through to AIM-listed. The firm also manages a series of early-stage funds in conjunction with the technology transfer offices of the Universities of Cambridge, Oxford and Bristol.

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