Iona Capital

Iona Capital Ltd is a fund management company, managing equity and debt for private and institutional investors. The fund manager seeks to invest in start-up companies which contribute to the UK Government target of reducing waste sent to landfill and places emphasis on strong management teams.

History

The Company was established by Nick Ross and Mike Dunn in 2011 with a focus on renewable energy infrastructure projects. Since its conception, the Iona Capital Ltd has been making financially driven investments primarily in the Anaerobic Digestion (AD) plants. Mike Dunn brought 20 years of waste management and investment infrastructure experience to the company. Nick Ross has a broad range of investment experience having sat on a number of investee company boards.

Funds under management

Iona Environmental VCT Plc

The fund was launched by the Company in 2009 to invest in Anaerobic Digestion (AD) or In-vessel composting (IVC) plant operations, or companies demonstrating similar investment characteristics. In July 2011 the Company has launched a further fund by the issue of a new class of share, the B shares, and broadening its investing policy to allow to invest in the environmental infrastructure projects, focussing on organic waste recycling in the UK. The IEVCT fund offered a unique opportunity for the investors to contribute to development of renewable energy generation projects.

Iona Environmental Infrastructure LP (IEILP)

IEILP was established in 2011 to attract institutional investors.

Current portfolio of investments

These are the portfolio startups that have been publicly announced (as at April 2013) under the care of Iona Capital Ltd.

Company

Industry

Date

Rosewood Energy Limited

Anaerobic Digestion

January, 2012

Biogen Gwyriad Limited

Anaerobic Digestion

July, 2012

R3 Products Limited

Plastic molding (process)

September, 2012

Gradena Limited

Plastic molding

October, 2012

Biogen Waen Limited

Anaerobic Digestion

October, 2012

Stanley Renewable Energy Limited

Anaerobic Digestion

December, 2012

JFS Howla Hay Biogas Limited

Anaerobic Digestion

March, 2013