Supreme confidence !!!27 Mar 2021 10:15
No concerns when the UK's leading and most powerful VC group, invests £1.75m in Evgen, along with Chelverton Assest Management's £1m and RAB Capiatl's £700k as well as AXA inreasing their holding by another £1m plus and Seneca by £750k, a supreme show of confidence in Evgen's prospects and potential going forward, fully funded until mid 2023 with multiple shots on multiple targets. Gla Holders....news on Prof Chalmers preliminary efficacy assessment from SFX-01's Covid/ARDS patient trials coming soon, positive data will be very well received. ;-)
March 2021
Event Voice: Your Questions Answered by Octopus Investments at Investment Select
Richard Power, Head of Quoted Smaller Companies at Octopus Investments
Can you give a brief overview of your strategy in terms of what you are trying to achieve for investors, your investment process and the make-up of the investment team?
The lead manager of the fund is Richard Power, who has been running the fund since its launch in 2007. Richard is directly assisted by Chris McVey and Dominic Weller in addition to the wider Quoted Companies Team at Octopus which consists of 8 investment professionals. The team manage a range of mandates focused on quoted smaller companies, including two AIM Venture Capital Trusts which ensures a good focus on, and understanding of, the smallest quoted companies. Collectively, the team manage £2.2bn.
We invest in small, relatively early-stage businesses. These micro cap companies tend to be sub-100 million. In general, we're looking for companies that can become relevant in their particular sector on a global scale and have the potential to grow to a multiple of the size they are at the point of investment.
Our philosophy is to become long-term co-owners in businesses that are very progressive and will become increasingly relevant in the world. We won't do what some other micro-cap funds might do, which is sell when companies get to a certain market cap. We'll continue to hold them until we think that they have reached a point where all of the upside is in the share price.
That means we've got a core portfolio of companies that are profitable and on a recognisable growth trajectory. We hope those businesses can double their profits in a three to five-year time horizon. A lot of our holdings have been in the portfolio for ten years and have gone up ten, 15 or 20-fold in that time.
https://www.investmentweek.co.uk/sponsored/4027908/event-voice-questions-answered-octopus-investments-investment-select