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Mercia Fund Management wins the double at the EISA Awards

The ceremony took place at the House of Lords as part of the annual EISA Chairman’s Reception and was attended by senior figures in the industry.

The judging panel included former managing director of Sainsbury’s Justin King and Lord Lee of Trafford, a regular Financial Times contributor who writes about investing in smaller companies.

Mark Payton, Managing Director of Mercia Fund Management, said: “This is a prestigious event for all of those involved in advising on Enterprise Investment Schemes and we are very proud to have our hard work recognised with these two awards.

“It is testament to the high level of professionalism and expertise at all levels of Mercia Fund Management and I would like to congratulate and thank everyone who has contributed to this success.”

The EISA Chairman’s Reception is an annual event designed to highlight best practice among those advising on government-backed tax-efficient Enterprise Investment Schemes and Seed Enterprise Investment Schemes.

The awards are organised by the independent not-for-profit EIS Association and cover six categories. Mercia won Best SEIS Fund Manager, sponsored by investment services provider Reyker, and jointly won Best EIS/SEIS Innovation – Company, sponsored by chartered accountancy practice Grant Thornton. The latter award was shared with investment research specialist Intelligent Partnership.

Last month, Mercia Fund Management launched Mercia Growth Fund 4, offering investors a hybrid structure that combines both EIS and SEIS investments.

Mercia Fund Management is a wholly owned subsidiary of Mercia Technologies, listed on the Alternative Investment Market (AIM) since December.