Onside | Page 3

Welcome to the second edition of Onside, Seneca’s magazine for investors and businesses. Since our last edition, Seneca has made two exciting and game-changing acquisitions, which further enhance the proposition. Seneca Investment Managers is our newly acquired fund management business in Liverpool with enormous potential to grow its portfolio of funds. And following the acquisition of corporate finance and EIS specialist, Acceleris Seneca now has significant firepower to invest in growing businesses. With a new London office due to open soon, things really are buzzing. You can also eavesdrop on discussions at the most recent of our series of round table lunches where we brought different parts of the business together with a group of Northern entrepreneurs. But the real evidence of Seneca in action comes with three of the businesses featured in this magazine who have benefitted from both the advisory and investment side of what the Group has to offer. One building and construction company has had a Swap claim settled by the Seneca banking team; RS Motorhomes has recently relocated to a new factory and has a brighter future following investment and active strategic advice from the Yorkshire team; while FJ Holdings looks to world market opportunities following investment from Seneca. There’s no surprise then that Seneca’s consistent message of mobilising hard-earned capital is proving so eye-catching across the media and with investors and businesses. It’s who we are, it’s what we do. This is a business magazine produced by Seneca. If you would like extra copies please get in touch: 12 The Parks, Haydock, WA12 0JQ. 01942 271 746 [email protected] www.senecapartners.co.uk Editor: Design: Michael Taylor Pixel Junction Contents 4 Team profile - Seneca Investment Managers is a new force in fund management with a strong team and a fresh approach to working with investors 6 Questions and Answers - Ian Battersby and Nick Leitch on Seneca’s Inheritance Tax solution 8 Company profile - Seneca’s investment in FJ Holdings creates a massive opportunity in the water sector worldwide 10 Round table - The Seneca team break bread with investors and entrepreneurs and discuss the wide range of opportunities for investment and strategic advice 16 Company profile - RS Motorhomes is a company going places thanks to investment from Seneca’s Yorkshire based investment team 18 Company profile - How one construction company was helped in its swaps claim by Seneca Banking Consultants 20 Team profile - Seneca’s acquisition of Acceleris aims to create a £25m investment pot 22 Questions and Answers - Simon Callow of Seneca Investment Managers on his approach to investing 24 Guest comment - Chris Barry of the Business Desk 25 Philosophy - Who was Seneca? A lesson in philosophy 26 Meet the team - The Seneca team