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We’ve opened up a new asset class to the public markets, so anyone can get a share in the future.
To make the most of their potential; high-growth companies need longer term investment. We do just that – building stakes, generating growth, and creating value. We play an active role in the businesses, often taking a board seat.
Our investment team have a long history of investing in tech and a track record of delivering an average of 20% annual portfolio returns.
We offer access to private companies that are growing rapidly. Current trends show that tech companies stay private for longer; with us, you get a share of the action.
As of September 2019
Gross Portfolio Value increase by 18% to £703m (31 March 2019: increase of 144% to £594m)
Net Assets of £660m (31 March 2019: £619m)
Investment resources across Group. Available cash of £34m, £5m undrawn debt (extended by £10m to £60m post year-end), further complimented by £50m from EIS/VCT
Profit after tax (year to 31 March 2019: £111m)
Buy a share in Draper Esprit, and you’re getting access to Europe’s technology innovators, years of investor expertise, and a sustainable investment model. We focus on four sectors, and keep our portfolio diverse.
As our companies grow, we provide follow-on capital to build our stakes. 70% of our portfolio value is distributed in the top 10-15 companies, representing our core holdings. When the companies exit, cash goes back to the balance sheet—so we can re-invest it in new opportunities. Sustainable growth, for the long term.
When the companies exit, the cash generated is returned to the balance sheet and re-invested into new opportunities in the market.
The Company invests in entrepreneurial, fast growing tech businesses.
Draper Esprit will provide follow-on capital, developing a more significant stake in businesses once its business model is proven.
Other assets and liabilities of the Group.
We are committed to making Graphcore IPUs the standard for a new era of computing, letting innovators create the next, great breakthroughs in artificial intelligence. To achieve this, our investors need to be close partners who will work with us to build the company, who share our passion and vision and who can help us grow.
Nigel Toon, CEO & co-founder, Graphcore
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This website provides general information about Draper Esprit plc and its group of companies. The information contained in this website, including any material you may hereafter access, does not constitute an offer of securities for sale in the United States, Canada, Japan, Australia or South Africa or any other jurisdiction. Securities may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended, or an exemption from registration. For US regulatory reasons, US Residents are not to enter this part of the website.
Draper Esprit plc is not offering any securities or services in the United States or to US residents through any Draper Esprit website. A "US Resident" includes any US person, as well as (i) any natural person who is only temporarily residing outside the United States, (ii) any account of a US person over which a non-US fiduciary has investment discretion or any entity, which, in either case, is being used to circumvent the registration requirements of the US Investment Company Act of 1940, and (iii) any employee benefit or pension plan that does not have as its participants or beneficiaries persons substantially all of whom are not US persons. In addition, for these purposes, if an entity either has been formed or is operated for the purpose of investing in a particular security or obtaining a particular service, or facilitates individual investment decisions, none of the beneficiaries or other interest holders of such entity may be US Residents. Terms used in this paragraph (including the term "US person") have the meanings given to them in Regulation S under the US Securities Act of 1933.
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Draper Esprit plc is managed by Esprit Capital Partners LLP. No warranty is made by Draper Esprit plc or by Esprit Capital Partners LLP as to the accuracy or completeness of any information on this website. Any price information or indications of past performance on this website are for information purposes only, are subject to change without notice and can in no way be construed as a guarantee of future performance. There can be no guarantee that any investment objectives will be achieved.
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