Overall financial performance From a fund management profitability perspective, Mercia was able to maintain its first-half momentum in the second half of the financial year, which was supplemented by the first four months’ profitable contribution from FDC, which was acquired on 5 December 2022. Whilst the Group’s direct investment portfolio performance against a challenging market
Mercia Asset Management PLC is pleased to provide an update on its investments in the mobile and digital gaming sector. As at 30 September 2022, mobile and digital gaming investments accounted for c.33% of Mercia’s direct investment portfolio by value. Mercia also invests in a number of gaming businesses through its managed funds. This is
Mercia Asset Management PLC is pleased to announce that Warwick Acoustics Limited has secured its first production contract with a leading global luxury vehicle manufacturer. The multi-year contract is with a global top 10 luxury manufacturer and is a major milestone for Warwick Acoustics, validating the performance and scalability for its proprietary automotive audio system, which
Venture capital can offer high returns and diversification to investors. But how much should you allocate to this asset class? And how can tax reliefs from EIS and VCT boost your returns? In this webinar, we will discuss these questions with Dr Brian Moretta, Head of Tax-Enhanced Research at Hardman & Co, and Dr Paul
Mercia Asset Management PLC, the proactive, regionally focused specialist asset manager with c.£1.4billion of assets under management, is pleased to announce continued inflows into its existing managed funds and successful new fund raises, together totalling c.£80million. The recent inflows across Mercia’s managed funds were as follows: Frontier Development Capital (“FDC”) continues to grow following its recent
Join Mercia’s Clare Houghton, Sarah Allett and Jane Booth (both UBS) as they discuss the considerations of your own wealth post exit. The duo, from UBS, touch on many topics including: • Top tips on pre exit tax planning from a personal perspective • Knowing your numbers – “what is enough” • Wealth Way – how
A University of Warwick spin-out has raised almost £3m from Mercia Asset Management to develop the world’s first testosterone patch for women with menopausal symptoms. Medherant aims to begin clinical trials later this year and ultimately to gain regulatory approval in the UK and internationally. If successful, it would be the only testosterone replacement patch
In this webinar, Equity Consultant Alan Clarke will explain why unlocking the power of your equity has never been more important as businesses face the twin challenges of retention and recruitment in a tight labour market. He’ll then walk through the six practical steps to set-up an Enterprise Management Incentive – the most popular employee
Award-winning Middlesbrough games developer SockMonkey Studios has been acquired by Canada’s largest video games studio, Behaviour Interactive, for an undisclosed sum. The deal provides an exit for NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund (NPIF), and which achieved a fourfold return on investment. Following
Warwick Acoustics Ltd – a UK-based audio technology company, is well under way with commercialisation of its revolutionary Electrostatic Loudspeaker technology, following R&D and product development phases. Powered by a series of fully subscribed funding rounds, Warwick Acoustics is scaling rapidly, and investing in industry-leading talent, capability, and state-of-the-art facilities, to support the substantial commercial