John Bailye, The Side by Side Partnership International Limited
This Fund will invest in high-growth but more established technology-enabled EIS companies, led by driven teams who dream big. Side by Side help investees enhance the value of the investment by applying our decades of experience building private, public and international businesses. The approach is modelled on past successes in this space where there is a need to have a high-touch engagement of up to two days a month mentoring and directly working with each management team on day-to-day issues.
Consequently, Side by Side intend to have a relatively small (up to ten) number of companies in the Fund, at any one time, to ensure each company has access to Side by Side for the advice they need to reach their potential. The investments will usually be held for a period longer than five years, to allow companies to complete their journey into their mainstream markets.
Key Individuals - John Bailye moved to the United States in 1987 from Australia and cofounded and assembled a team that grew a start-up to a billion dollars in market cap (formerly on Nasdaq: DRTE) with nearly 3,000 employees. He sponsored and co-founded the New Jersey Technology Council, with circa 1,500 entrepreneurs as members, which is aimed at creating an exchange for entrepreneurs’ experiences and ideas. John has personally been investing in early-stage companies for many years.
John is supported by a team of experienced investment professionals with backgrounds in private equity and entrepreneurship.
High / Adventurous - Capital at Risk
Technology companies with one to ten million pounds in revenue prior to investment.
3x return after eight years
Not a reliable indicator of future income.
CURRENT STATUS - OPEN
Open to new investors. The fund is Evergreen. The minimum investment is £10,000.
Side by Side look to deliver superior returns on your investment by combining capital investment with decades of experience building private, public and international businesses. The goal is to finance and guide the management teams of Investee Companies through the process of becoming a mature corporate entity. In Side by Side's experience, the faster the growth rate, the more frequent and severe the complications seem to be in young companies. Rather than have them settle for lower goals or slower growth, Side by Side meet with their teams every two weeks to help solve growth problems.
Side by Side intend to create significant capital growth by investing in businesses and entrepreneurs with characteristics Side by Side can relate to, based on previous investments. Some of the attributes Side by Side seek are:
Side by Side look for opportunities based on the application of technology to a traditional task which is transformed as a result, and for which the customers perceive and agree that the company’s product or service offering can either solve the problem or create new opportunities.
Shot Scope uses patented wearable technology, cloud-based algorithms and course database IP to automatically record golf performance data.
Laundryheap provides dry cleaning & laundry services, with same day cleaning collection and free next-day delivery.
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*30% of any distribution to Investors above a hurdle rate of £1.50 per £1 invested.
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Other Fee: None up to £10,000 due diligence/legal cost recovery per Investment. 1% in Warrants (of the value of each capital raise)
Please check the fees section of the Information Memorandum for full details. All fees and charges are stated exclusive of VAT, which may be applicable in some cases. Any fees and charges payable by the investee companies or the underlying businesses do not directly come out of your investment. However, they will effectively reduce the returns generated by investee companies and therefore directly impact your investment.
To invest, you must be an eligible investor. To be an eligible investor, you must be qualifying as one or more of the following:
Important information for private investors – Reliance on the information provided here to engage in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested. Your attention is drawn to the risk section contained within the Information Memorandum. Investments are typically in unquoted shares in small companies, the value of which can be volatile and are often difficult to sell. Nothing on this website constitutes investment, tax, financial, legal, regulatory, or other advice by Sapphire Capital Partners LLP.
The value of an investment may go down as well as up, and you may not get back the full amount invested, and you may therefore lose some or all of your investment.
If you are unsure of the suitability of any investment for your circumstances, please contact your independent financial advisor or other professional advisor authorised under the Financial Services and Markets Act 2000 (FSMA) who specialises in advising on investments of this type. Tax reliefs depend on individual circumstances. There is no guarantee however that the tax reliefs (such as EIS reliefs, CGT reliefs or IHT relief) will be available on any investment made or that if it is initially available, it will not be subsequently withdrawn. Any references to tax laws or rates are based on current legislation, all of which are subject to change and are provided as a guide only. Prospective investors are advised to take their own investment and taxation advice and should consult their own professional advisors on the implications of investing.
Investments made in investee companies via funds managed by Sapphire Capital Partners LLP are not covered by the Financial Services Compensation Scheme (FSCS). For more details, please contact us or refer to their website: https://www.fscs.org.uk
Past performance is not a guide to future returns.