UK-based Osprey Capital has exited its first investment following the sale of Allium Capital, with a return of 11.9 x capital for investors. The investment in Allium Capital, a specialist advisory firm which creates and distributes retail financial services products, was made four years ago.
Osprey Capital Limited, the venture capital firm, has exited its first investment following the sale of Allium Capital, with a return of 11.9 x capital for investors.
The investment in Allium Capital, a specialist advisory firm which creates and distributes retail financial services products, was made four years ago. During this time the firm has grown assets to over £400m with the sale generating significant returns for investors.
Ronan Kearney, Chairman, Osprey Capital Limited, said: “Allium Capital was an excellent investment for Osprey Capital and has shown significant growth in the past four years. It is pleasing to see such a strong and substantial return for shareholders following this, our first sale. The company has also helped job creation with the generation of seven highly skilled posts. With two women as part of a management team of four, the company has ensured it can provide flexible, modern working conditions allowing talented individuals to be part of the firm’s success.
“Of course, such a return is welcome but more than that is the evidence it provides for our unique model. This is undoubtedly the way venture capital should be done and is how Osprey will continue to operate.”
This news follows Osprey Capital Limited’s acceptance as a general partner of the BVCA (British Private Equity and Venture Capital Association).
Osprey Capital Ltd is a venture capital firm coming up to its fifth year anniversary. Osprey invests at seed and founder stages, and only invests in companies focused on UK retail financials.
Other aspects that make the Osprey model unique in the UK are that it has been established as a limited company rather than an LLP, investing shareholder capital only. This ensures greater transparency with all profits attributed direct to shareholders based on their share ownership. As there are no third party funders, returns are measured solely on a cash to cash basis rather than a notional value of the underlying holdings.
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For more information please contact James Terry or Rhys Phillips on 020 7360 7877 or [email protected]
Osprey Capital is proud to support Real Action, an educational charity working for children in some of the most deprived areas of the UK. http://www.realaction.org.uk/