Envestors exits: 3 out of 4 Ain’t Bad

Members of Envestors, the leading sophisticated investor network, realise you can’t back all the winners. Of the last four exits, three went well and one sadly went into administration. The three successful exits include Loco2, the European train timetable company which sold to French rail operator SNCF, generating a 3.5 multiple return for investors; Paperless Receipts, the…