Triple Point Income Service

Estimated reading time: 2 min

Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be very complex and high risk.

What are the key risks?

1. You could lose all the money you invest

If the business issuing the bonds you invest in through this Service fails, there is a high risk that you will lose all your money. Businesses like this often fail as they usually use risky investment strategies.
Advertised rates of return aren’t guaranteed. This is not a savings account. If the issuer doesn’t pay as agreed, you could earn less money than expected or nothing at all. Generally, a higher advertised rate of return means a higher risk of losing your money. If it looks too good to be true, it probably is.
These investments are sometimes held in an Innovative Finance ISA (IFISA). While any potential gains from your investment will be tax free, you can still lose all your money. An IFISA does not reduce the risk of the investment or protect you from losses.

2. You are unlikely to be protected if something goes wrong

[Protection from the Financial Services Compensation Scheme (FSCS), in relation to claims against failed regulated firms, does not cover poor investment performance. Try the FSCS investment protection checker here.
[Protection from the Financial Ombudsman Service (FOS) does not cover poor investment performance. If you have a complaint against an FCA-regulated firm, FOS may be able to consider it]. Learn more about FOS protection here.

3. You are unlikely to get your money back quickly

The companies that receive loan monies could face cash-flow problems that delay interest payments. If this occurred en masse, it could impact the ability of the Service to repay investors their money.
You are unlikely to be able to cash in your investment early by selling it. You are usually locked in during the period agreed. In the rare circumstances where it is possible to sell your investment in a ‘secondary market’, you may not find a buyer at the price you are willing to sell.

4. This is a complex investment

This investment has a complex structure based on other risky investments. A business that lends to, or invests in, other businesses or property can make it difficult for the investor to know where their money is going.
This makes it difficult to predict how risky the investment is, but it will most likely be high.
You may wish to get financial advice before deciding to invest.

5. Don’t put all your eggs in one basket

Putting all your money into a single business or type of investment for example, is risky. Spreading your money across different investments makes you less dependent on any one to do well.
A good rule of thumb is not to invest more than 10% of your money in high-risk investments.

If you are interested in learning more about how to protect yourself, visit the FCA’s website here.

For further information about minibonds, visit the FCA’s website here.

About Triple Point

Purpose | Profit | People

Investments
with purpose, for profit, by people
From Triple Point

Something happens when people come together. From the connections we make spring ideas. Fresh solutions to big problems, from how to grow our crops and heat our homes, to how to support businesses and drive the economy. And from solutions like these flow opportunities to create value.

We call it the Triple Point. It’s the place where people, purpose, and profit meet. Since 2004, we’ve been targeting this Triple Point in areas like infrastructure, energy efficiency and social housing, unlocking investment opportunities that make a difference.

Big problems create strong demand. Strong demand drives good investments. Good investments solve big problems.

It means that investors never have to choose between financial returns and social impact. You achieve one by achieving the other.

Prominent Private Credit Franchise:

17 year track record of lending to both the Private and Public sectors

100 years of combined experience in private debt through full credit cycles

Manager of one of the largest privately capitalised lessors in the UK

Over £3.7 billion of Assets Under Management

Funded more than 140,000 UK SMEs across a range of sectors

5 x private debt strategies have delivered mandated returns to date

Value Creation

Triple Point creates value by building innovative products for investors and offering attractive funding solutions to a range of businessesand organisations, in both the public and private sectors. Our innate curiosity propels us to explore all possibilities and seek out unique combinations; from the deals we originate through to the way we design our products. We believe in building long lasting partnerships with advisers and the businesses we work with.

Simple Investment Philosophy

Our investment philosophy is straightforward; we target opportunities which can offer our investors:
Capital Security
Predictable Returns
This approach is designed to generate solid returns for our investors and sustainable growth for the businesses that we partner with.

Precise Execution

Our depth of investment experience and attention to detail enables us to identify and unlock unique opportunities for our investors. We match the requirements of private investors seeking capital security and liquidity with the needs of carefully vetted businesses, projects and institutions in both the public and private sectors.

Diverse Experience

For well over a decade we have provided funding to numerous businesses and financed thousands of tangible assets. We like to support organisations that deliver essential services to their customers, and have done so through full cycles of the economy. We continue to select investments across a wide range of sectors, which have included technology, renewable energy, and asset finance.

Ben Beaton

Managing Partner

Ben joined Triple Point in 2007 and was appointed Head of Investment in 2014. He has led on the sourcing and negotiating of a broad spectrum of investments including over £80m in the cinema digitisation sector and over £38m in hydroelectric power. Ben has a BSc in Biological Sciences from the University of Edinburgh. Ben became Joint Managing Partner in 2016.

James Cranmer

Managing Partner

James joined Triple Point in 2007 as a Partner to develop Triple Point’s origination and investment capability. He has over 20 years’ experience in structured, asset and vendor finance. He has been responsible for in excess of £1bn of funding into UK Local Authorities, NHS Hospital Trusts, FTSE 100 and small and medium sized companies. James is a graduate of St Andrews University. James became Joint Managing Partner in 2016.

Claire Ainsworth

Partner

Claire joined Triple Point in 2006 to lead Product Development and was appointed Managing Partner in 2010, a position she occupied until 2016. She has over 31 years’ industry experience including 16 years in structured finance at Deutsche Bank where she was a Managing Director. Claire has a BA in Law from the University of Oxford.

Mike Bayer

Partner and Head of Compliance

Michael was a founding partner of Triple Point in 2004. He has 25 years’ experience in the financial and investment sectors and prior to Triple Point was at 3i plc, Dresdner Kleinwort and Ernst &Young in their private equity, leveraged finance and corporate finance teams. Michael qualified as a Chartered Accountant with Ernst &Young and holds the Advanced Diploma in Corporate Finance from the Corporate Finance Faculty of the ICAEW/CISI. Michael has a degree in Physics and Business Studies from the University of Warwick.

Neil Richards

Partner, Head of Leasing and Lending

Neil joined Triple Point in 2013 to grow the SME direct lending offering. He has over 25 years’ experience in the sector. Neil graduated from the University of Exeter with a degree in Economics and qualified as a Chartered Accountant in 1991 with Ernst & Young.

Chris Lake

Head of Credit Risk – SME Lending

Chris joined Triple Point in 2017 to assist in the development of the business’s SME lending proposition. He has 17 years’ experience of lending to UK companies, having worked at Santander, AIB, and a Non-Bank Lender. He graduated from Bristol University with a degree in Economics and is a Chartered Accountant.

Toby Furnivall

Head of Origination - SME Lending

Toby joined Triple Point in 2017 to focus on expanding the SME lending plaform. He has 12 years’ experience in lending, having worked in Banking for the majority of his career before joining a Non-Bank Lender. He has a degree in Financial Services & Business Management and is a qualified member of the Association of Certified Chartered Accountants.

General

If you have general queries you may be able to find the answer on our FAQs page.

Should our FAQs not provide the answer you can email us at contact@triplepoint.co.uk. Alternatively if you would like to speak to a member of the team, or if your query is more urgent, please give us a call on 0207 201 8990.

Making a complaint

We aspire to provide excellent customer service but we also appreciate that sometimes things go wrong. We have a process in place to appropriately deal with any issues you may have. Please contact us by email in the first instance at contact@triplepoint.co.uk.

Should the outcome of your complaint still leave you unhappy, eligible complainants have the right to refer to the Financial Ombudsman Service.

Address

Triple Point Investment Management LLP
1 King William Street
London
EC4N 7AF

Phone number

Investors: 020 7201 8990

Advisers: 020 7201 8990