3rd Floor, 146-148 Clerkenwell Road,
London, EC1R 5DG
020 3145 1851
enquiries@editioncapital.co.uk
Want to learn more about our services, or find out how to invest?
Call us on 020 3145 1851, or email enquiries@editioncapital.co.uk
Risk summary for non-readily realisable securities which are shares
\nEstimated reading time: 2 min
Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk.
\nWhat are the key risks?
\n1. You could lose all the money you invest
\n• If the business you invest in fails, you are likely to lose 100% of the money you invested. Most start-up businesses fail.
\n2. You are unlikely to be protected if something goes wrong
\n• Protection from the Financial Services Compensation Scheme (FSCS), in relation to claims against failed regulated firms, does not cover poor investment performance. Try the FSCS investment protection checker here. https://www.fscs.org.uk/check/investment-protection-checker/
\n• Protection from the Financial Ombudsman Service (FOS) does not cover poor investment performance. If you have a complaint against an FCA-regulated firm, FOS may be able to consider it. Learn more about FOS protection here. https://www.financial-ombudsman.org.uk/consumers
\n3. You won’t get your money back quickly
\n• Even if the business you invest in is successful, it may take several years to get your money back. You are unlikely to be able to sell your investment early.
\n• The most likely way to get your money back is if the business is bought by another business or lists its shares on an exchange such as the London Stock Exchange. These events are not common.
\n• If you are investing in a start-up business, you should not expect to get your money back through dividends. Start-up businesses rarely pay these.
\n4. Don’t put all your eggs in one basket
\n• Putting all your money into a single business or type of investment for example, is risky. Spreading your money across different investments makes you less dependent on any one to do well.
\n• A good rule of thumb is not to invest more than 10% of your money in high-risk investments. https://www.fca.org.uk/investsmart/5-questions-ask-you-invest
\n5. The value of your investment can be reduced
\n• The percentage of the business that you own will decrease if the business issues more shares. This could mean that the value of your investment reduces, depending on how much the business grows. Most start-up businesses issue multiple rounds of shares.
\n• These new shares could have additional rights that your shares don’t have, such as the right to receive a fixed dividend, which could further reduce your chances of getting a return on your investment.
\nIf you are interested in learning more about how to protect yourself, visit the FCA’s website here. https://www.fca.org.uk/investsmart
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\nHe set up Edition alongside the other Edition Partners in 2015. At Edition, he has overseen the development of Edition EIS and Edition Capital Projects, which have raised over £50m between them. He also was appointed as Strategic Advisor to Superstruct Entertainment (a Providence Equity backed company) from 2017 to 2020 as they made their first acquisitions including Sziget Cultural Management (Hungary) and elrow (Spain). In total, Harry has overseen deals in excess of £220m across the UK and Europe. He sits on the board of a number of Edition’s investee companies including WatchHouse Coffee, Borrow A Boat and Tailwise.
\nHarry is a member of the Edition Investment Committee.
",proContactEmial:"harry.heartfield@editioncapital.co.uk",proLinkedinLink:"https://www.linkedin.com/in/harry-heartfield-2275983a/"},{title:"Paul Bedford",featureImage:[{title:"Paul",url:"https://d7s91s1zzpua0.cloudfront.net/feature-image/Paul.jpg"}],proJobTitle:"Chairman",proIntro:"Paul has spent the last 40 years working in a broad range of roles across the leisure and entertainment sectors",slug:"paul-bedford",postDate:"2020-03-03T11:53:00+00:00",bulletsAndText:[{bullet:"Joined",text:"Founder
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\nPaul started his career by qualifying as a Chartered Accountant, before spending time working in Deloitte’s TMT team. Following a move into private practice, Paul spent over 20 years as CFO of various large leisure and entertainment businesses including ZTT Records, 19 Entertainment, Cream Group and Impresario Festivals.
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\nLisa began her career at global accountancy and consultancy group Mazars, qualifying as a Chartered Accountant before moving to their corporate finance practice. There she worked on a broad range of transactions, with a focus on financial services businesses. In 2014, Lisa joined alternative asset manager Ingenious’ live entertainment team as an Investment Manager.
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\nAt Edition, Lisa is responsible for leading deal origination, as well as working on deal execution. Since the launch of Edition EIS in late 2016, Lisa has closed over 20 deals into companies with a total enterprise value in excess of £150m. Lisa currently sits on the board of a number of investee companies included Incipio and Mainstage Festivals and is a member of the Edition Investment Committee.
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",proContactEmial:"david.bedford@editioncapital.co.uk",proLinkedinLink:"https://www.linkedin.com/in/david-bedford-065447157/"},{title:"Daniel Symons",featureImage:[{title:"Website",url:"https://d7s91s1zzpua0.cloudfront.net/feature-image/Website.jpg"}],proJobTitle:"Client Services Executive",proIntro:"Daniel is responsible for communication with, and management of, Edition's client base",slug:"daniel-symons",postDate:"2020-02-22T13:45:00+00:00",bulletsAndText:[],bodycopy:"Daniel joined Edition Capital in February 2024. As the Client Services Executive, Daniel serves as the primary liaison for financial advisers, manages client communications and enhances operational efficiency. He also administers compliance processes, CRM management, and investor and investee reporting, ensuring adherence to FCA regulations.
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",proContactEmial:"daniel.symons@editioncapital.co.uk",proLinkedinLink:"https://www.linkedin.com/in/danieljasonsymons/"},{title:"Holly Smith",featureImage:[{title:"Holly",url:"https://d7s91s1zzpua0.cloudfront.net/feature-image/Holly.jpg"}],proJobTitle:"Executive Assistant",proIntro:"Holly supports the team in their day-to-day requirements and ensures the smooth running of the office",slug:"holly-smith",postDate:"2020-02-20T17:18:00+00:00",bulletsAndText:[{bullet:"Joined",text:"2016"}],bodycopy:"Holly supports the team in their day-to-day requirements and ensures the smooth running of the office.
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