PXN Group
Two of the North’s best fund managers, Par Equity & Praetura, combining to deliver world-class investment programmes at scale and help build the Northern economy.
PXN is the resulting entity from the merger of two Northern investment firms, Par Equity and Praetura Ventures, set to launch in 2025 pending FCA authorisation. The firm positions itself as a specialized investment manager with a geographical focus on the North of England, Northern Ireland, and Scotland. Its primary objective is to foster economic development in these regions by providing capital and support to high-growth companies.
The business model centers on managing multiple funds to invest across various stages of a company's lifecycle, specifically from Pre-seed to Series B rounds. This strategy allows PXN to support disruptive founders from their initial steps through to scaling their operations. The firm serves a client base that includes founders seeking capital, as well as advisers, investors, and institutions looking for exposure to the Northern UK's venture ecosystem.
In addition to its venture capital activities, PXN has a distinct focus on sustainable investments. It manages investments in nature-based solutions aimed at addressing climate change, while also targeting attractive financial returns for its investors. This dual-mandate approach combines economic development with environmental impact, aiming to deliver diversified and resilient portfolios.
Keywords: investment management, venture capital, Pre-seed, Series B, Northern UK, nature-based solutions, fund manager, economic development, climate finance, portfolio diversification