Compared to the previous year, in 2023 we observed:
- A 40% increase in the number of investment mandates for our Oxford-based clients;
- A 76% increase in the number of investment mandates from UK-based clients outside of the ‘Golden Triangle’ of Cambridge, London and Oxford; and
- A 400% increase in the number of investment mandates from clients based in the EU.
Once again, our clients in the digital sector were predominantly based in London. In a notable shift, Cambridge surpassed London and Oxford in terms of being the primary location for most of our healthtech clients. This change may be attributed to Cambridge University’s track record for fostering spin-out companies in this sector.