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YFM Group backed businesses better placed to weather the economic storm


23 October 2008

Businesses backed by YFM Group funds are better placed than many to weather the current economic uncertainties, thanks to the significant funds available to invest in them and the latest insight provided to them by the Bank of England into the potential impact on small business of the current economic trends.

John Young, an Agent for the Bank of England, met with a large number of senior executives and directors of YFM Group investee companies at one of their regular Portfolio networking events to update them on the latest trends affecting the economy and the outlook for the coming year.

With such a tightening of credit conditions by the banking sector, and many companies already feeling the effects of the downturn, YFM Group portfolio companies are better positioned than many to access the finance they need in the coming months to protect and grow their businesses. YFM Group manages a range of other funds which are actively looking for new investment opportunities.

Says David Hall, Managing Director of YFM Private Equity, We have in the Group over 150m available to invest in the coming years in our portfolio and in new businesses across a variety of sectors at various stages of development from pre revenue to later stage. Our strategy is to further support our investee businesses in a number of ways an experienced team of over 40 investment professionals, further supported by non executive directors and chairmen experienced in supporting and growing companies through the ups and downs of economic cycles, and a large and varied network of co-investors able to assist us in funding and supporting our businesses over the long term and to successful exit.

When you take on money from an investor, you need to consider what additional support that comes with that money, and whether that support still be there when you need it most. Nearly all businesses go through some tough times during the early development and growth phase, and at those times you need strong support and conviction from your investors. For me YFM stood out as the investor who was always there when we needed them most, and it is fair to say that without their support we may well not have survived one particularly challenging time. Their belief in us, and in their own judgement, was special.' Said Paul Phillips of Touch Clarity

YFM Group has built up a successful portfolio of investments in recent years, across a wide range of high-growth sectors across the UK. We are continuing to see good deal flow and high-quality opportunities and we look forward to providing continued investment and support to help businesses to realise their potential in the years ahead. Says Peter Garnham, Managing Director YFM Venture Finance.

We are also keen to hear from experienced individuals who feel they could potentially be a non executive director or chairman in future

In the last 12 months YFM Group has invested over 42m in 112 businesses across the UK.


Further information
Ann-Marie Crookes, Marketing Manager, YFM Group
0113 294 5000

YFM Group

YFM Group is for the fifth year running is the UKs most active investor in the small and medium enterprise marketplace (source:VCR). YFM Group manages in excess of 300 million of funds with investment sizes ranging from 50,000 to 8 million. Principal offices are located in Leeds, Manchester, London and Bristol with over 45 investment professionals being employed across the UK. YFM Group is part of the GLE group of companies.

Investing in Entrepreneurs - A recent round table discussion took place which included a number of portfolio CEOs, the event was filmed and is available to view here

YFM Group funds are past winners of
North West Business Investment Scheme - UK Equity Gap Fund Manager of the Year 2007 - Investor Allstars
YFM Private Equity - VCT Fund Manager of the Year 2007 (British Smaller Companies VCT plc) - The Growth Company Investor Awards
North West Business Investment Scheme (managed by YFM Private Equity Ltd) - Fund of the Year Award 2006 - North West Insider

The investment capital arms of the YFM Group, YFM Private Equity Limited and YFM Venture Finance Limited, are authorised and regulated by the Financial Services Authority. YFM Business Development Limited has been awarded full compliance status against the 'Putting the Customer First' framework.

Publisher Contact Information:

YFM Group
+44 113 294 5000

Company profile of Yorkshire Fund Managers Ltd
Past press releases of Yorkshire Fund Managers Ltd.


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