Key facts about Finance Wales
Company performance
Key achievements to date
- 9 successful exits, including Abriox, Enfis and Accountis
- New £150m fund in April, 2009, bringing total funds under
management to £280m
- £151m invested in Wales-based SMEs, leveraging an additional
£350m private sector investment
- Over £460m impact on the economy of Wales
- 2,300 investments in SMEs in Wales since 2001
- xénos has facilitated investments of £14m in 144 businesses
since 1997, leveraging an additional £6.7m private sector
investment
Key achievements in 2008-09
- £26m invested in Wales-based SMEs
- 25% increase in investment levels compared to 2007-08
- 200 investments completed, including 97 syndicated
investments
- 20 early stage investments
- £1.6m investment facilitated by xénos in 17 businesses
Company profile
- Formed in 2001 by the Welsh Assembly Government
- An independent company, providing commercial funding to Welsh
SMEs
- Invests private and public funds, including EU funds
- xénos, the Wales Business Angel
Network is a subsidiary company