Osprey Capital Limited has re-financed CAERUS Capital. The firm has generated a return of 1.7 x capital for investors to date and Osprey retains a diluted minority holding. CAERUS Capital Group is a specialist fund management and advice firm.
Today, Osprey Capital Limited, the venture capital firm, announces the returns from its second investment following a re-financing of CAERUS Capital. The firm has generated a return of 1.7 x capital for investors to date and Osprey retains a diluted minority holding. Ronan Kearney stepped down from the Board in November 2013.
The investment in CAERUS Capital Group, a specialist fund management and advice firm for advisers and consumers, was made in 2009. During this time the company has grown, with more than £650 million now invested on behalf of clients.
Ronan Kearney, Chairman, Osprey Capital Limited, said: “CAERUS Capital Group has been an excellent investment for Osprey Capital, having shown good growth over the past four years. I have especially enjoyed my time with CAERUS and have learnt a huge amount from working with Keith and the team in a fast growing company. I look forward to collaborating on other projects with them in the future.
“Of course, additionally, delivering such a return is also welcome on my second investment but more importantly than that it is further evidence it provides for our unique model. Osprey exited its first investment Allium Capital in February 2013, delivering a return of 11.9 x capital for investors. This is undoubtedly the way venture capital should be done and how Osprey will continue to operate.”
Keith Carby, Chief Executive of CAERUS Capital Group commented: “Ronan was one of the architects of CAERUS and has played a key role in our development to date. We have always known that his involvement with CAERUS was a step towards his longer-term ambitions in product manufacture. We are very grateful for his contributions and wish him well for the future.”
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For more information please contact James Terry on 020 7360 7877 or [email protected]
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