Oxford Capital, a specialist investment manager, has denied reports in a national newspaper over the weekend that it had stopped accepting investments into its EIS funds and that it had started consultation with staff over lay-offs.
A spokesperson for Oxford Capital told GBI Magazine: “Unfortunately [the] article published on 14th April was inaccurate and misleading in relation to Oxford Capital.
“The company has not closed its doors and remains committed to the venture capital EIS business and is actively managing its venture portfolio.
“We also have not made any staff redundant but we are in a consultation process with some members of staff as we reorganise the business to make it more competitive in the current market.”
