Why will the CoFund not consider proposals if the Syndicate is already invested?

June 24, 2019

The Angel CoFund will only co-invest where the lead investor and other members of the partnering business angel syndicate are completely new investors in the investee company at the time the CoFund invests. This stipulation relates to the need for the CoFund and the syndicate to have an alignment of economic interest in the investee company and to avoid conflicts of interest (relating to, for example, the price of shares and exit time horizons).