Client

Dawn III – Mainspring appointed as Fund Administrator to Dawn Capital’s latest $235m European fund

Dawn Capital announced in April 2018 the closing of Dawn III, a fund focused on SaaS and FinTech companies in Europe and which closed at $235m (£165m). Investors include UK, European and US institutional investors and notably the European Investment Fund (EIF). Mainspring provides funds administration, accounting and investor reporting services for Dawn I and II and is delighted to announce the continued relationship with Dawn, with Mainspring providing full funds administration for the London partnership as well as consolidated investor

5m to 200m AUM Buy-Out & Growth Stage fund manager in 3 years

True Founders, Matt Truman and Paul Cocker, have built a retail and consumer focused buy-out and growth investing fund manager. True is Europe’s only retail and consumer sector specialist that operates across the entire investment vertical, investing out of its private equity buyout fund alongside running a sector specific innovation Hub. True has total funds under management of £200m and invests in retail and consumer sector business models which represent the future of the industry. The working relationship between Mainspring and

Mainspring client Syncona makes impressive gains

Mainspring is pleased to report that Syncona, a leading healthcare company focused on investing in and building global leaders in life science, released its full-year results on 6th July 2017, confirming a 12.5% total return and enlarged net assets of £895.2m. Its largest life sciences holding, Blue Earth, had gained approval for Axumin, its PET imaging diagnostic agent for prostate cancer in May 2017. Mainspring provides Syncona with a broad and customised middle office solution with the core objectives of reducing

Supporting Entrepreneur First on establishment of Singapore Fund

Mainspring is delighted to have been awarded an additional mandate from Entrepreneur First. In addition to working with the team on the seed fund and the Next Stage Development fund, Mainspring will begin working on Entrepreneur First’s Singapore Fund. Mainspring will be supporting ef with the establishment of the fund assisting with client AML, client on-boarding, as well as the on-going administration that we provide for PE and Venture fund managers with their LP/GP fund partnerships, such as draw downs,