Peterhouse Corporate Finance advises on first investment vehicle crowdfunding campaign

Peterhouse Corporate Finance has announced that its client, Capital for Colleagues PLC (“CFC”), an ISDX Growth Market investment vehicle, has reached the minimum target of £250k via its crowdfunding campaign.

The London-based corporate advisor and broker has advised CFC on a crowdfunding campaign, which was launched on 5 February 2015, as the investment vehicle becomes the first of its kind to raise funds in this way.

Since its formation in October 2013, CFC, which invests in, advises and supports companies that are, or want to become, employee owned businesses (EOBs), has invested in more than 20 businesses, in sectors ranging from civil engineering to accountancy, establishing itself as a leading body within the EOB sector.

The directors’ aim is that investments made by CFC will have a reasonable prospect of an exit, or be expected to return capital, and an attractive dividend or profit stream.

As ISDX Corporate Adviser to Capital for Colleagues, Peterhouse was responsible for structuring and project managing the transaction, ensuring that the fundraising for a public company could be conducted across a platform designed for private companies and retail investors.

Peterhouse is also acting as Placing Agent to facilitate investment by retail investors via the CrowdBNK platform.

Peterhouse designed the fundraising to allow direct retail participation in a public company secondary issue, using marketing materials and a timetable more akin to traditional institutional fundraisings.

Peter Greensmith, chief executive officer of Peterhouse Corporate Finance, said: “Much continues to be made about the ability of crowdfunding to transform business financing, with many predicting that it will replace more traditional sources of capital such as banks, angel investing and venture capital.

“With our proven ability to advise and deliver for clients across both traditional and disruptive platforms, Peterhouse intends to remain at the forefront of this transformation”.

This was posted in Bdaily's Members' News section by Heena Karani .