CREATE wins Equity Gap Fund of the Year at Investor AllStars Awards
24 October 2006 : CREATE Partners was announced as the winner of the Equity Gap Fund of the Year award at the Investor AllStars Awards in London recently.
CREATE Partners Ltd, is a fund management company that is focused on providing value beyond capital - to generate profitable returns to shareholders. The team pride themselves on attention to detail, and high levels of integrity learned first hand in the investment banking sector. Since its establishment in 2000, CREATE has built a reputation for successfully implementing an innovative investment approach to meet the needs of investors seeking international diversification in specialist private equity funds. Boyd Mulvey, Co-Founder and Chief Executive of CREATE said 'We're delighted to be recognised in this way. We're delighted for our co-investors, our portfolio companies and the CREATE team. What makes this award important to us is that the decision was made by our peers - fellow venture capital investors who recognise how hard we've worked with our entrepreneurs'. CREATE's 'RVCF' fund was raised as part of a competitive process during one of the most severe downturns in venture capital history. Post 2001, world wide capital markets proved to be particularly challenging for Fund Managers seeking to raise new funds focused on the technology and early stage sectors. The achievement of successfully raising such a fund during this period is testament to the quality of the credentials held by CREATE's Fund Managers. Since closing the fund in 2003, CREATE's 'RVCF' Fund has demonstrated a proven track record of actively seeking smaller sized businesses with high growth potential across the whole range of investment stages including start-up, early stage, development / expansion and MBO/ MBI. In 2005 CREATE's 'RVCF' Fund organised and provided venture capital funding for the UK's biggest business plan competition, branded as the 'Running the Gauntlet' competition. At the end of a highly competitive process, CREATE provided equity funding of over £1 million to successful start-up companies. As a result of the success generated, a larger competition is being organised in 2006 with over £1.25 million of funding and professional services available for start-ups and growth stage businesses. Running the Gauntlet is a project that demonstrates CREATE's ability to combine creativity with discipline to achieve success for Investee Companies and shareholders. As well as being awarded Equity Gap Fund of the Year, the team were also shortlisted for International Deal of the Year for their investment in Compound Photonics, one of the finalists in the Running the Gauntlet competition. For further information please contact :
Nick Daines (PR contact for CREATE Partners) Tel: +44 (0)115 8412109 Email: nick@nickdaines.co.uk Matt Pieterse CREATE Partners Limited Victory House Vision Park Cambridge, CB4 9ZR Tel:+44 (0) 1223 484 559 Fax:+ 44 (0) 1223 484 511 CREATE Partners Limited (www.createpartners.com) The Create East of England Fund is a £20m venture capital fund managed by CREATE Partners, to invest in high growth companies that are based in the East of England. Since mid 2003 the Fund has made 22 investments across various sectors ranging from seed capital to MBO.
CREATE's management team has a proven track record of delivering value through a hands-on corporate finance approach. The team have significant experience in dealing with medium sized companies, including strategic reviews, flotations, fund raisings, mergers and acquisitions. The fund is a private fund whose investors include the European Investment Fund, Bank of Scotland and the Department of Trade and Industry (DTI). CREATE is authorised by the FSA and a member of the BVCA. xx Publisher Contact Information:
Create Partners Limited +44 (0)1223 484 559 -Company profile of Create Partners Limited Past press releases of Create Partners Limited.
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