IP Group – executive interview

In this interview, IP Group’s CEO, Greg Smith, discusses the company’s performance and outlook. He explores the factors behind its fivefold year-on-year increase in realisations to £180m in FY24 and what underpins the company’s target of delivering a further £250m in exits between now and FYE27. Greg also discusses the robust pipeline of opportunities, particularly in life sciences and deeptech, with several companies advancing through clinical trials and preparing for potential exits. He also gives an update on the company’s priorities for allocation between supporting existing portfolio companies, making new investments and returning value to shareholders through buybacks. Lastly, he touches on the broader venture capital landscape, including the impact of the Mansion House Compact and the evolving sentiment towards VC investments.

IP Group helps to create, build and support IP-based companies internationally. It focuses on companies that meaningfully contribute to regenerative (renewable), healthier (life sciences) and tech-enriched (deep tech) futures.