Information on categorisations
Elective Professional/Sophisticated Investor
I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments.
I understand that this means:
(i) I can receive promotional communications made by a person who is authorised by the Financial Conduct Authority which relate to investment activity in non-mainstream pooled investments;
(ii) The investments to which the promotions will relate may expose me to a significant risk of losing all of the property invested.
I am a self-certified sophisticated investor because at least one of the following applies:
(iii) I am a member of a network or syndicate of business angels and have been so for at least the last six months prior;
(iv) I have made more than one investment in an unlisted company, including via Crowdcube, in the two years prior;
(v) I am working, or have worked in the two years prior, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises;
(vi) I am currently, or have been in the two years prior, a director of a company with an annual turnover of at least £1 million.
I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.
Professional Investor
I declare that I represent either:
(i) a regulated or listed entity,
(ii) a local authority (that can be opted up as a professional client as per the FCA handbook COBS 3.5,
pension fund, collective investment scheme or other institutional investors
(iii) A large undertaking, where two of the following requirements must be met:
a. balance sheet total of EUR 20,000,000;
b. net turnover of EUR 40,000,000;
c. own funds of EUR 2,000,000
(iv) a partnership or unincorporated association which has (or has had at any time during the previous two years) net assets of at least £5 million (or its equivalent in any other currency at the relevant time) and calculated in the case of a limited partnership without deducting loans owing to any of the partners;
(v) a trustee of a trust (other than an occupational pension scheme, SSAS, personal pension scheme or stakeholder pension scheme) which has (or has had at any time during the previous two years) assets of at least £10 million (or its equivalent in any other currency at the relevant time) calculated by aggregating the value of the cash and designated investments forming part of the trust’s assets, but before deducting its liabilities;
(vi) a trustee of an occupational pension scheme or SSAS, or a trustee or operator of a personal pension scheme or stakeholder pension scheme where the scheme has (or has had at any time during the previous two years):
a. at least 50 members; and
b. assets under management of at least £10 million (or its equivalent in any other currency at the relevant time);
(vii) a national or regional government, including a public body that manages public debt at national or regional level, a central bank, an international or supranational institution (such as the World Bank, the IMF, the ECB, the EIB) or another similar international organisation.
(viii) another institutional investor whose main activity is to invest in financial instruments (in relation to the firm’s MiFID or equivalent third country business) or designated investments (in relation to the firm’s other business). This includes entities dedicated to the securitisation of assets or other financing transactions.
