Investment Advisory Committee
The Lachesis Investment Advisory Committee (IAC) provides strategic input to the Fund and ensure that proposed investments comply with the fund guidelines and policies.
The IAC is Chaired by Professor William Dawson (Bionet Ltd), and comprises Mr Peter Le Noury (), Mr Jonthan Lowe (emda), Dr Keith Martin (Apitope), Mr Rob Carroll (Catapult) and two rotating University representatives.
University Group
The University Group (UG) comprises the Heads of Technology Transfer from each University, along with the Fund Managers and the Lachesis Operations team. The UG meets monthly and approves pathfinder applications, and oversees much of the ongoing activity of the Fund. The current members of the UG are:
- Jonathan Gee, Spark
- Penny Attridge, Spark
- Valerie Joliffee, Spark
- Amanda Baxendale, Derby University
- Bob John, De Montfort University
- Chris Jones, Leicester University
- Andrew Stevenson, Lincoln University
- Joanne Whitaker, Loughborough University
- Kamal Bechkoum, Northampton University
- Susan Huxtable, Nottingham University
- Gwent Paylor, Nottingham Trent University
- Lachesis Proposal Officer
- Emda Observer
Fund Management
Spark Venture Management ('Spark'), a company regulated by the Financial Services Authority, have been appointed as the Fund Manager.
Spark is a leading early stage venture capital fund manager. It manages £190 million on behalf of leading UK universities, major institutional investors and two quoted venture capital trusts. In addition to Lachesis Spark also manages the Isis College Fund on behalf of Oxford University and 27 Oxford Colleges.
Spark invests in entrepreneurs to create dynamic businesses in the technology, media, telecoms and healthcare and life sciences sectors. As well as capital, it brings a wealth of experience of developing high growth companies from early stage through to IPO or trade sale, adding value to its investments through active support and strategic direction.
Spark's focus is on building great companies from small beginnings: its experience blends ambition with the strategic, financial and commercial skills that enable it to maximise its returns, both for investors and for the portfolio companies.
