ENVESTORS, the award-winning private investor network providing investors with opportunities to meet dynamic companies in need of growth and expansion capital, has extended its service by launching in the Isle of Man.
The firm has opened an office in Douglas, to be led by Nick Boon, a senior financial services professional with extensive experience in the wealth management industry.
Envestors will arrange and host meetings including investment presentation evenings and private dinners showcasing high-growth private companies seeking equity investment. At the launch event on Wednesday May 9, three companies will make presentations to a local audience of successful entrepreneurs and business people.
Oliver Woolley, founder director of Envestors, said: ‘After undertaking extensive research and having built a strong local network, Envestors has a great opportunity in the Isle of Man. We shall bring the benefits of the successful Envestors model to enable those interested to participate in the development of high-growth companies throughout the UK and internationally.’
Nick Boon said: ‘The Isle of Man has a long track record of successful, entrepreneurial activity. Envestors’ arrival in the island provides an opportunity to capitalise on the exceptional skills and knowledge that exist here, supporting budding entrepreneurs.’
John Greenwood, chief executive officer of Creechurch Capital, said: ‘We’re delighted to welcome Envestors to the Isle of Man as it expands its existing network. The island presents significant tax benefits to investors, as well as fantastic incentives and unrivalled support for new and growing businesses. We look forward to working closely with the Envestors team as it establishes its presence on the Isle of Man’.
At Greystone LLC, Guy Wiltcher, managing partner, said: ‘As a firm we spend a lot of time working with early stage businesses with high growth potential. They are vital to the ongoing health and development of the economy and we are therefore delighted to support this initiative.’