Terms & Conditions

Patron Capital Advisers LLP – Website Terms & Conditions of Use

Effective: 14 May 2024

1. Acceptance of the Terms

Your access to the website of Patron Capital Advisers LLP (“Patron Capital”) hosted at www.patroncapital.com and the investor portal hosted at https://dynamoeu.netagesolutions.com/Portal/Login/PatronCapital/VC-Investors/ (together, the “Site”) is governed by the Website Terms & Conditions of Use as set out in this document (the “Terms”). Please read the Terms carefully, and if you access, browse or otherwise use the Site, you will be deemed to have accepted them. If you do not agree to the Terms, please leave the Site immediately.

You should pay particular attention to the section called "Limitations of Liability", as this excludes or limits our legal liability in connection with your use of the Site.

If you breach any of these Terms, we have the right to terminate your access to the Site immediately without notice.

Patron Capital may make changes, modifications or additions to the Terms or the Site at any time without prior notice, and will post any amended Terms to the Site. The revised terms and conditions will become effective at the time of posting. We suggest that you check these Terms periodically for changes. If you continue to use the Site, you will be deemed to have accepted any such amended Terms. If any change to the Terms is not acceptable to you, your sole remedy is to cease accessing, browsing and otherwise using the Site.

If any part of the Terms is deemed invalid, void or for any reason unenforceable, that part shall be deemed severable and shall not affect the validity and enforceability of any of the remainder of the Terms.

2. Details of Patron Capital

Patron Capital, the investment advisor to the Patron Capital Funds, is regulated by the Financial Conduct Authority (the “FCA”) and is authorised to conduct investment business in the UK. Patron Capital’s details are:

Registered office address:        33 Glasshouse Street, London, W1B 5DG

Registered number:                  OC361119

Patron Capital is a limited liability partnership incorporated and registered in England and Wales.

3. Purpose and use of the Site

The material displayed on the Site describes Patron Capital's activities and services.

Patron Capital authorises you to view and download the information, materials and Site Content from the Site. You may not modify the materials on the Site in any way or reproduce or publicly display, publish, perform, distribute, transmit or otherwise use them for any public or commercial purpose. Any use of these materials on any other website or networked computer environment for any purpose is prohibited.

You must not use the Site for any unlawful or fraudulent purposes, misuse the Site or do anything which causes or contributes to the disruption of the Site or other users’ enjoyment of it, including, without limitation, by introducing viruses, Trojans, worms, logic bombs or other material which is malicious or technologically harmful. In particular, you must not access without authority, interfere with, damage or disrupt the Site or any part of it; any equipment or network on which the Site is stored; any software used in connection with the provision of the Site; or any equipment, software or website owned or used by a third party. You must not attack the Site via a denial-of-service attack. Without prejudice to our other rights or remedies, we reserve the right to take legal proceedings against you for reimbursement of all costs or losses (on an indemnity basis) resulting from your breach of this section of the Terms, and to disclose such information to law enforcement agencies as we reasonably believe is necessary.

4. Availability of the Site

We take reasonable steps to make the Site available at all times, however the Site is provided “as is” and “as available”. We reserve the right to modify or discontinue, temporarily or permanently, the Site (or any part thereof), or to terminate or suspend your access thereto for any or no reason, with or without notice. You agree that we will not be liable to you or to any third party for any modification, suspension or discontinuance of, or termination or suspension of your access to, the Site, or any part thereof.

5. Section 21 of FSMA 2000

The Site is a “financial promotion” for the purposes of Section 21 of the Financial Services and Markets Act 2000 (“FSMA 2000”). The Site is issued by Patron Capital, regulated by the FCA, and directed in the UK only at persons to whom financial promotions can be made under the FSMA 2000 (Financial Promotion) Order 2005 such as investment professionals and high net worth entities as defined in articles 19 and 49 of the Order or to persons who can be classified as Professional Clients under FCA rules.

6. Other visitors

If you are a person located in any jurisdiction where there are restrictions on the type of person who may access information which relates to investments then, in accessing the Site, you will be representing and warranting to Patron Capital that you are not causing Patron Capital to breach any of those restrictions by you accessing the Site. Patron Capital will rely on your representations and warranties.

7. Investment Performance information

The Site contains material about the historic performance of investments in which Patron Capital has acted as investment adviser.

The value of an investment may go up as well down so that an investor's interest, when realised, may be more or less than the original cost. By their nature such investments are only suitable for sophisticated investors who do not require immediate liquidity for their investment, for whom such an investment does constitute a complete investment programme and who fully understand and are willing to assume the high risk involved in this type of investment programme.

Past performance is not indicative of future results and investment style is neither indicative of nor a guarantee of future performance. Investments involve significant risk and have the potential for partial or complete loss of funds invested. Investments are not insured or guaranteed by the Financial Services Compensation Scheme (“FSCS”) or any other governmental agency. Offering documents for the issuer of any investment opportunity should be read thoroughly before investing in the securities of such issuer. No representation is made that any client or any other visitor of the Site will or is likely to achieve its objectives, that Patron Capital strategies, investment process or risk management will be successful, or that any client or visitor will or is likely to achieve results comparable to any shown or will make a profit or will not suffer losses or loss of principal. In the event that the descriptions of any security or other investment product contained herein are inconsistent with or contrary to the descriptions of such terms in the relevant offering documents, brochure or other governing disclosures, the offering documents, brochure or other governing documents will govern. Patron Capital does not make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained on this Site and nothing contained on this Site should be relied upon as a promise or representation as to past or future performance of any investment product. All information on this Site is as of the date referenced and may change materially in the future.

8. Site Content

There are various risks you assume in relying on the content and materials on the Site. Where the content and materials on the Site are dated, such content and materials speak only as of the date indicated. Patron Capital makes reasonable efforts to provide accurate content and materials on the Site, but at times may not promptly update or correct such content and materials even if it is aware that they are inaccurate, outdated, or otherwise inappropriate. Patron Capital does not endorse the opinions of, or warrant the accuracy of facts or other content contributed by, any third party.

The information and material contained on the Site should not be construed as a solicitation or offer, or recommendation, to acquire, buy or dispose of an interest in any security, including an interest in any investment vehicle managed or advised by Patron Capital or its affiliates, or any other financial product, including any investment advisory, wealth planning or trust arrangement managed or advised by Patron Capital or its affiliates, nor shall your being provided access to this Site form the basis of, or be relied on in connection with, any contract or investment decision. Patron Capital does not give any advice or make any representations through the Site as to whether any security or other financial product is suitable to you or will be profitable. Decisions based on information contained on the Site are the sole responsibility of the visitor. While Patron Capital makes reasonable efforts to obtain information from sources which it believes to be reliable, Patron Capital makes no representation that the information or opinions displayed on the Site are accurate or reliable or complete. The information and opinions displayed on the Site are provided solely for informational purposes only and are subject to change without notice. Nothing contained on the Site constitutes investment, legal, tax or other advice nor is it to be relied upon in making an investment or other decision.

You must not rely on the information displayed on the Site but must use your own skill and judgment to ascertain whether any product and/or service is of a suitable nature for your need and purpose.

Unless otherwise specified, all content and materials published on the Site are presented solely for your private, personal and non-commercial use. If accessing the Site or any material or content on the Site infringes any applicable law in your jurisdiction(s), you are not authorised to access or use the Site and you must cease use immediately.

9. Access to Secure Content

The Site contains copies of documents and other material (“Secure Content”) that may be accessed and/or downloaded through a secure portal hosted on the Site by persons that have been granted access to the Secure Content by Patron Capital.

In order to access the Secure Content, you may be asked to provide us with such information as we specify. Your access to Secure Content is subject to these Terms. In obtaining access to and/or downloading Secure Content, you undertake that:

  1. a) you will keep secure and confidential any login details, passwords or codes that may be provided to you by or on behalf of Patron Capital for the purposes of accessing Secure Content (together, “Access Details”); and
  2. b) you will keep the Secure Content confidential and not disclose the Secure Content to any other person (other than your professional advisers).

You must not allow any other person to use the Access Details that are made available to you to access the Secure Content.

Patron Capital may disable your access to Secure Content at any time.

10. Limitations of Liability

To the fullest extent permitted by law, Patron Capital excludes any and all other express or implied terms, conditions, warranties, representations and/or endorsements with regard to the Site and/or the Site Content (as defined below) and any other information, product and/or service provided on or through the Site.

To the extent Patron Capital is allowed under applicable law to limit its liability to you, then Patron Capital’s liability to you arising under or in connection with the Site, the Site Content (as defined below) or any other information appearing on the Site, whether in contract, tort (including negligence), breach of statutory duty or otherwise, is limited to £1.

Without prejudice to the foregoing, neither Patron Capital nor its affiliates will be liable to, under or in connection with the Site, the Site Content (as defined below) or any other information appearing on the Site, whether in contract, tort (including negligence), breach of statutory duty or otherwise you in any circumstances for any of the following types of loss:

  1. a) business interruption, loss of business, loss of profits, loss of revenue, damage to goodwill or reputation, loss of anticipated savings, loss of bargain, loss of and/or corruption of data (in each case, whether direct or indirect);
  2. b) any loss of any kind resulting from any failure or delay in the delivery of electronic communications, or the interception or manipulation of electronic communications by third parties; or
  3. c) punitive, exemplary, indirect, special, incidental or consequential loss and/or damages.

Patron Capital does not guarantee that the Site is free from viruses, harmful code or bugs, and shall not be liable for any loss or damage caused by or arising from a distributed denial-of-service attack, viruses, or other technologically harmful material that may infect or corrupt your computer hardware, software, data, devices, or other proprietary material due to your use of the Site or to your downloading of any material posted on the Site (including any Secure Content) or any website linked to the Site.

Patron Capital will not be liable for any failure or delay resulting from any condition beyond its reasonable control, including but not limited to, governmental action or acts of terrorism, pandemics, epidemics, earthquake, fire, flood or other acts of God, labour conditions, power failures, and Internet disturbances.

Nothing in these Terms shall exclude or limit the liability of Patron Capital for death or personal injury caused by Patron Capital’s negligence, for fraudulent misrepresentation, or any other matter in respect of which Patron Capital is not permitted by law to exclude or limit its liability, including any breach of any duties owed to clients by Patron Capital under the rules of the FCA.

11. Links to third party websites

While the Site may contain links to third party websites and resources, these links are provided for your information only, and neither Patron Capital nor any of its affiliates shall be responsible or liable for the content of any linked websites. Patron Capital provides these links as a convenience and does not endorse the companies or contents of any linked websites. Patron Capital has not reviewed, endorsed, approved or involved itself with respect to the preparation of the information contained in these websites and are not responsible for their availability, accuracy or content or for any loss or damage that may arise out of your use of them. If you decide to access any of the third party websites or resources linked to the Site, you do so entirely at your own risk. You should read any terms and conditions applying to the use of any third party website that you visit and address any complaints or queries relating to such websites to the operator of that website. Please be aware that a link to any other website does not mean that we endorse or approve of or accept any responsibility for the content, or the use of, such a website. Under no circumstances will we be liable in any way for any information, advice, content or materials of any third party website (including without limitation any website operated or made available by our affiliates), including, but not limited to, for any errors or omissions in any content, or for any loss or damage of any kind incurred as a result of the use of any such content.

You must take your own precautions to ensure that linked websites and any content made available on them are free of such items as viruses, worms, Trojan horses and other items of a destructive nature.

You may not use any part of the Site on any other website or link any other website to the Site without our prior written permission.

12. Copyright and other intellectual property rights

The contents of the Site (including, without limitation, all website design, text, photographs, logos, names, artwork, photographs and videos, graphics, their selection and arrangement and all software compilations, underlying source code, software and all other material (collectively, “Site Content”)) are the subject of copyright, trade mark, trade secret and other intellectual property and proprietary rights owned by Patron Capital and/or its affiliates and/or its or their licensors.

“Patron Capital” and the Patron Capital logo are trade marks or service marks (whether registered or not), of Patron Capital and its affiliates.

Nothing in these Terms or on the Site may be interpreted so as to grant to you, directly or indirectly, expressly, by implication, estoppel or otherwise any right or licence to any trade mark or service mark reproduced on the Site, or the use of any of the Site Content, without the prior written consent of Patron Capital. Any commercial use or exploitation of the Site or the Site Content is strictly prohibited. All goodwill generated from the use of the trade marks and service marks appearing on the Site will inure to the exclusive benefit of Patron Capital and our licensors.

The Site Content is protected by intellectual property rights and any unauthorised use of any materials on this Site may violate copyright, trade mark, and/or other laws.

Except as expressly authorised by Patron Capital, you must not modify, copy, reverse engineer, reverse assemble or otherwise attempt to discover any source code in the Site or Site Content, or to frame, scrape, rent, lease, loan, sell, assign, sublicense, distribute or create derivative works based on, or otherwise transfer any right or interest in the Site or Site Content, in whole or in part. In connection with your use of the Site or Site Content you will not engage in or use any data mining, robots, scraping or similar data gathering or extraction methods. If you are blocked by Patron Capital from accessing the Site or any part of it (including by blocking your IP address), you agree not to implement any measures to circumvent such blocking (e.g., by masking your IP address or using a proxy IP address). Any use of the Site or Site Content other than as specifically authorised in these Terms is strictly prohibited. The technology and software underlying the Site or distributed in connection therewith are the property of Patron Capital, its affiliates and its and their licensors. Any rights not expressly granted herein are reserved by Patron Capital and its licensors. All Site Content is provided for your personal, non-commercial use only.

If you breach any of these Terms, your authorisation to use the Site automatically terminates and you must immediately destroy any downloaded or printed materials obtained from the Site.

13. Privacy and cookie policy

Your personal information and right to privacy is important to Patron Capital. Please review Patron Capital’s privacy and cookie policy, which also governs your visit to the Site, in order to understand Patron Capital’s information-handling practices.

14. Confidentiality

We are unable to guarantee the confidentiality or security of any data passing via the Site. Accordingly, your use of the Site is at your own risk.

15. General

These Terms contain the entire agreement between us and you with respect to their subject matter. A person who is not a party to these Terms has no rights under them, whether under the Contracts (Rights of Third Parties) Act 1999, or otherwise. Failure of Patron Capital to act on or enforce any provision of the Terms shall not be construed as a waiver of that provision or any other provision in the Terms. No waiver shall be effective against Patron Capital unless made in writing, and no such waiver shall be construed as a waiver in any other or subsequent instance.

16. Governing law

These Terms, any contract arising between you and Patron Capital subject to these Terms, and any dispute or claim arising out of these Terms (including any dispute regarding the existence, validity or formation of a contract under these Terms) shall be governed by the laws of England and shall be subject to the exclusive jurisdiction of the English Courts.

17. Contact Us

If you have any questions, please contact us at legal@patroncapital.com.