Member Article

Manchester-based Capital for Colleagues invests £3.2m

Manchester-based Capital for Colleagues, the investment vehicle focused on opportunities in the Employee Owned Business (‘EOB’) sector has announced an investment update for the quarter ending 31 May 2015.

The group has lent or invested £3.2m in a portfolio of 11 unquoted EOBs and 12 publically traded companies that have displayed employee engagement.

Chief executive of Capital for Colleagues, John Eckersley, said: “We continue to evaluate and invest in the EOB sector where we see the potential for attractive returns both on a yield and capital growth basis.

“Our investee businesses operate across a number of sectors and have strong cash flow which translates into an attractive risk profile for us as the investor.

“We increased our monies lent and NAV during the period and continue to evaluate opportunities which fit our stringent investment criteria.

“I look forward to reporting on further investments as we look to build the portfolio and generate shareholder value.”

This was posted in Bdaily's Members' News section by Sophia Taha .