Envestors, UK Angel Investor Business comes to Middle East

Notes and media contacts

Notes:
What is a Business Angel Investment?
Business Angel Investment should be treated as a serious asset class. Many High Net Worth individuals ( HNWI) allocate their wealth between equity investments and property. Business Angels who are looking for real capital growth typically allocate 5-10% of their assets into unquoted, early stage ventures which have the potential for spectacular gains.

In investing in this sector many Angel Investors look to diversify their risk and take a portfolio approach to their investments. Some will fail, some will grow a little, but hopefully one or two will show a spectacular return and make the effort highly beneficial.

The other interesting aspect of Angel Investment is that sometimes the investors have particular experience to bring to a business and will also be asked to undertake a non-executive role.

How will it work?
Through membership of thr Envestors network, the Angel Investors will receive a regular flow of quality deals which will be presented in a variety of communication formats after suitable vetting and due diligence.

As a first step of establishing in the Middle East, subscribed investors who join Envestors will be mainly shown UK opportunities but it is anticipated that local deals will quickly become available to assess on a similar basis.

Unlike some Angel networks, there will be no requirement for investors to make any annual commitment to invest - subscribed investors will be free to make their own individual assessments from the information provided and any subsequent investment will be made directly to the entities seeking to raise finance.

It is usual that formal legal agreements will be necessary between the company and investors and thus it is expected that external legal consultants will be fully engaged in the investment process.

Who will manage Envestors MENA?
Edward Roderick and David Moleshead are co-founders and Co-Chairman of this initiative which will act as a marketing company to offer a formal process to early stage companies seeking expansion capital and present opportunities to private individuals invited to join a network to consider investment.

Envestors MENA or any affiliate will not handle any investment funds - they will be invested directly in companies by private individuals via their own legal arrangements.

Edward Roderick was group CEO with a FTSE 250 company for several years and held senior level board appointments with listed companies in the UK. Most recently he was a senior vice president with Agility. Edward has been both an investor in and a fund raiser from Angel networks for a variety of businesses.

David Moleshead was an investment banker for over 40 years and latterly was managing director of HSBC Bank Middle East. He was involved in leading a number of major transactions across the region with government entities and major corporate. He is currently non executive vice chairman of ACUMA Wealth Management.

For further Information, please contact:
Edward Roderick
Co-Chairman
Envestors MENA
PO Box 74327 Dubai
United Arab Emirates
Tel: +971 (0)4311 6618