Privacy Policy

For the purposes of the General Data Protection Regulation 2016 and the Data Protection Bill 2017, the data controller is Forward Partners Management Company Limited of 124 City Road, London, England, EC1V 2NX. When we process data as a data controller we may make independent decisions about how personal information is processed by us and by our sub-processors in accordance with this cookie and privacy policy.

What kind of information do we collect from you?

We may collect, use, store and transfer different kinds of personal data about you which we have grouped together as follows:

1. Identity Data includes first name, last name, title and marital status or any other personal identifier.
2. Contact Data includes email address, telephone number and postal address.
3. Technical Data includes internet protocol (IP) address, your login data, browser type and version, time zone setting and location, browser plug-in types and versions, operating system and platform and other technology on the devices you use to access this website.
4. Profile Data includes any username and password, preferences, feedback and survey responses.
5. Usage Data includes information about how you use our website, products, services, events, or newsletters.
6. Marketing and Communications Data includes your preferences in receiving marketing from us and our third parties and your communication preferences.
7. We also collect, use and share Aggregated Data such as statistical or demographic data for any purpose. Aggregated Data may be derived from your personal data but is not considered personal data in law as this data does not directly or indirectly reveal your identity. For example, we may aggregate your Usage Data to calculate the percentage of users accessing a specific website feature. However, if we combine or connect Aggregated Data with your personal data so that it can directly or indirectly identify you, we treat the combined data as personal data which will be used in accordance with this privacy notice.
8. We may also collect certain Special Categories of Personal Data about you with your explicit consent (this includes details about your race or ethnicity, religious or philosophical beliefs, sex life, sexual orientation, political opinions, trade union membership, information about your health and genetic and biometric data). In particular, during our due diligence processes, we are required to request information about any criminal convictions and offences. We also ask for diversity and inclusion information on an anonymous basis. There may be circumstances where that information could become personally identifiable and so we consider it to be personal data, will only process it with your explicit consent and protect and use it only in accordance with this privacy notice.

How do we collect your personal data?

We use different methods to collect data from and about you including through:

• Direct interactions. You may give us your Identity and Contact Data by filling in forms or by corresponding with us by post, phone, email or otherwise. This includes personal data you provide when you come for office hours, one of events or contact one of our team with a pitch or other request.
• Automated technologies or interactions. As you interact with our website, we may automatically collect Technical Data about your equipment, browsing actions and patterns. We collect this personal data by using cookies, and other similar technologies. Please see the IP Address and Cookies’ section below.
• Third parties or publicly available sources. We may receive personal data about you from various third parties as set out below:‍
• Technical Data from analytics providers such as Google Analytics, Segment and others based outside the EEA.

How do we use your personal data?

We use information about you in the following ways:

• Where we need to perform the contract we are about to enter into or have entered into with you.
• Where it is necessary for our legitimate interests (or those of a third party) and your interests and fundamental rights do not override those interests.
• Where we need to comply with a legal or regulatory obligation.

Generally we do not rely on consent as a legal basis for processing your personal data other than in relation to sending third party direct marketing communications to you via email or text message.

We may also use your data, or with your consent permit selected third parties to use your data, to provide you with information about goods and services which may be of interest to you and we or they may contact you about these.

If you do not want us to use your data in this way, or to pass your details on to third parties for marketing purposes, please leave the relevant box situated on the form on which we collect your data unticked.

We have set out below, in a table format, a description of all the ways we plan to use your personal data and the personal data of others which you provide to us and which of the legal bases we rely on to do so. We have also identified what our legitimate interests are where appropriate.

Note that we may process your personal data for more than one lawful ground depending on the specific purpose for which we are using your data. Please contact us if you would like details about the specific legal ground we are relying on to process your personal data where more than one ground has been set out in the list below.

Purpose / Activity Type of dataLawful basis for processing including basis of legitimate interestTo register you for office hours, an event that we are hosting or as an investor in Forward Partners(a) Identity
(b) ContactPerformance of a contract with youTo provide our services: (a) To assess your business and investment proposition (b) Make a determination as to the suitability of your business for us as an investment (c) To perform identity checks and KYC prior to making an investment (d) Provide our services to you under any contract (e) Provide investor updates to you as an investor in Forward Partners(a) Identity
(b) Contact
(c) Financial
(d) Transaction
(e) Marketing and Communications(a) Performance of a contract with you (b) Necessary for our legitimate interests (to determine whether to invest in your business) (c) Necessary to comply with a legal obligation (to perform KYC and anti-money laundering checks on founders and investors)To manage our relationship with you which will include: (a) Notifying you about changes to our terms or privacy policy (b) Asking you to leave a review or take a survey(a) Identity
(b) Contact
(c) Profile
(d) Marketing and Communications(a) Performance of a contract with you
(b) Necessary to comply with a legal obligation
(c) Necessary for our legitimate interests (to keep our records updated and to study how you use our products/services)To administer and protect our business and this website and our newsletter service (the Path Forward) (including troubleshooting, data analysis, testing, system maintenance, support, reporting and hosting of data)(a) Identity
(b) Contact
(c) Technical(a) Necessary for our legitimate interests (for running our business, provision of administration and IT services, network security, to prevent fraud and in the context of a business reorganisation or group restructuring exercise) (b) Necessary to comply with a legal obligationTo send you (as a member of the press) press releases in respect of our investments, fundraising or other activities(a) Identity
(b) ContactNecessary for our legitimate interests (for news about our business to be considered for publication)To deliver relevant website content and advertisements to you and measure or understand the effectiveness of the advertising we serve to you(a) Identity
(b) Contact
(c) Profile
(d) Usage
(e) Marketing and Communications
(f) TechnicalNecessary for our legitimate interests (to study how customers use our products/services, to develop them, to grow our business and to inform our marketing strategy)To use data analytics to improve our website, products/services, marketing, customer relationships and experiences(a) Technical
(b) UsageNecessary for our legitimate interests (to define types of customers for our products and services, to keep our website updated and relevant, to develop our business and to inform our marketing strategy)

Marketing

We may use your personal data for marketing purposes and where we do so we will either do so with your consent, or where you are an existing client or customer and we believe it is to the benefit of your or our legitimate interests to contact you about certain subjects.

Change of purpose

We will only use your personal data for the purposes for which we collected it, unless we reasonably consider that we need to use it for another reason and that reason is compatible with the original purpose. If you wish to get an explanation as to how the processing for the new purpose is compatible with the original purpose, please contact us.

If we need to use your personal data for an unrelated purpose, we will notify you and we will explain the legal basis which allows us to do so.

Please note that we may process your personal data without your knowledge or consent, in compliance with the above rules, where this is required or permitted by law.

Disclosure of information

We may disclose your personal information to any member of our group, which means our subsidiaries, our ultimate holding company and its subsidiaries, as defined in section 1159 of the United Kingdom Companies Act 2006.

We may disclose your personal information to Internal Third Parties:

1. our affiliates or professional advisers;
2. persons or organisations who work on our behalf to provide a product or service to you;
3. companies which perform marketing services on our behalf or with whom we have joint marketing agreements;
4. other companies who we believe may have products and services of interest to you.

We may also disclose your personal information to External Third Parties if:

1. we sell or buy any business assets, in which case we may disclose your personal data to the prospective seller or buyer of such business or assets;
2. Forward Partners Management Company Limited or substantially all of its assets are acquired by a third party, in which case personal data held by us about our customers will be one of the transferred assets;
3. we are under a duty to disclose or share your personal data in order to comply with any legal obligation, or in order to enforce or apply our terms of use and other agreements, or to protect the rights, property or safety of Forward Partners Management Company Limited, our customers or others, including exchanging information with other companies and organisations for the purposes of fraud protection and credit risk reduction. Forward Partners Management Company Limited's Data Protection No is ZA045885 or you can contact the ICO on www.ico.gov.uk.
4. Please refer to the Glossary below for more information on Internal Third Parties and External Third Parties.

How we protect your data

The data that we collect from you may be transferred to and stored at a destination outside the European Economic Area (EEA). It may also be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, among other things, the fulfilment of contracts, the processing of details or the provision of support services. By submitting your personal data you agree to this transfer, storing or processing. We will take all steps reasonably necessary to ensure that your data is treated securely and in accordance with this Cookies and Privacy Policy.

In particular, whenever we transfer your personal data out of the EEA, we ensure a similar degree of protection is afforded to it by ensuring at least one of the following safeguards is implemented:

• We will only transfer your personal data to countries that have been deemed to provide an adequate level of protection for personal data by the European Commission.
• Where we use certain service providers, we may use specific contracts approved by the European Commission which give personal data the same protection it has in Europe.
• Where we use providers based in the US, we may transfer data to them if they are part of the Privacy Shield which requires them to provide similar protection to personal data shared between the Europe and the US.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our website. Any transmission is at your own risk. Once we have received your information, we will use strict procedures and security features to try to prevent unauthorised access. When we share your data with others, we put contractual and operational protections in place to ensure that they will only process your personal data on our instructions and they are subject to a duty of confidentiality.

We take all reasonable care to ensure the security of the website and of your personal information from access by unauthorised persons and against unlawful processing, accidental loss, destruction and damage. We will not share your information other than as provided for in this Cookies and Privacy Policy or as required by law, court order or other government or law enforcement authorities.

We have put in place procedures to deal with any suspected personal data breach and will notify you and any applicable regulator of a breach where we are legally required to do so.

Data Retention

We will only retain your personal data for as long as necessary to fulfil the purposes we collected it for, including for the purposes of satisfying any legal, accounting, or reporting requirements. This generally means we will normally keep your personal data while you or your company have an ongoing relationship with us and for a reasonable period after the end of such relationship.

To determine the appropriate retention period for personal data, we consider the amount, nature, and sensitivity of the personal data, the potential risk of harm from unauthorised use or disclosure of your personal data, the purposes for which we process your personal data and whether we can achieve those purposes through other means, and the applicable legal requirements.

In some circumstances you can ask us to delete your data: see Request erasure below for further information.

In some circumstances we may anonymise your personal data (so that it can no longer be associated with you) for research or statistical purposes in which case we may use this information indefinitely without further notice to you.

IP addresses and cookies

We may collect information about your computer, including where available your IP address, operating system and browser type, for system administration purposes.

Cookies contain information that is transferred to your computer's hard drive. Cookies allow a web application to tailor its operations to your needs, likes and dislikes by gathering and remembering information about your preferences.

This statistical data does not identify an individual. We only use this information:

1. to gather information on IP addresses and pages visited;
2. to analyse trends;
3. to administer the website;
4. to track user's movements on the website; and
5. for purposes of statistical analysis.

You can choose to accept or decline our cookies. Most web browsers automatically accept cookies, but you can usually modify your browser setting to decline cookies if you prefer. This may prevent you from taking full advantage of our Website. Unless you have adjusted your browser settings so that it will refuse cookies, our system will issue cookies when you log on to our Website.

Links to other websites

This Cookies and Privacy Policy extends only to our Website and does not cover your use of, provision of data to and collection of data on any other website. Our Website may from time to time contain links to and from other websites. If you follow a link to any of these websites please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. You should always check these policies before you submit any personal data to these websites.

Changes to this privacy policy

Our Cookies and Privacy Policy may be reviewed and enhanced from time to time. The up-to-date version of our Privacy Policy is always available by applying in writing to Forward Partners Management Company Limited, Huckletree Shoreditch, Alphabeta Building, 18 Finsbury Square, London EC2A 1AH ; or by emailing [email protected]. It may be necessary to contact you and obtain your consent regarding any significant changes to our Privacy Policy.

Your legal rights

Under certain circumstances, you have rights under data protection laws in relation to your personal data. Please refer to the Glossary below to find out more about these rights:

• Request access to your personal data.
• Request correction of your personal data.
• Request erasure of your personal data.
• Object to processing of your personal data.
• Request restriction of processing your personal data.
• Request transfer of your personal data.
• Right to withdraw consent.

If you wish to exercise any of the rights set out above, please write to Forward Partners Management Company Limited at our registered address, 124 City Road, London, England, EC1V 2NX, providing us with sufficient information to identify you (we may need to request proof of identity in some instances).

No fee usually required

You will not have to pay a fee to access your personal data (or to exercise any of the other rights). However, we may charge a reasonable fee if your request is clearly unfounded, repetitive or excessive. Alternatively, we may refuse to comply with your request in these circumstances.

What we may need from you

We may need to request specific information from you to help us confirm your identity and ensure your right to access your personal data (or to exercise any of your other rights). This is a security measure to ensure that personal data is not disclosed to any person who has no right to receive it. We may also contact you to ask you for further information in relation to your request to speed up our response.

Time limit to respond

We try to respond to all legitimate requests within one month. Occasionally it may take us longer than a month if your request is particularly complex or you have made a number of requests. In this case, we will notify you and keep you updated.

In writing to Forward Partners Management Company Limited at our registered address, 124 City Road, London, England, EC1V 2NX, providing us with sufficient information to identify you (we may need to request proof of identity in some instances).

Contact

Questions, comments and requests regarding this Cookies and Privacy Policy are welcomed and should be addressed to [email protected]

From time to time, Forward Partners Management Company Limited or third parties who we think have products or services of interest to you may send you emails, email newsletters or news updates alerting you to new features, products, promotions, or services pertaining to our Website. If you no longer wish to receive materials from us and/or from such third parties, you may opt-out of receiving these communications by writing to us at Forward Partners Management Company Limited, at our registered address, 124 City Road, London, England, EC1V 2NX. Or, by emailing us your request to unsubscribe [email protected]

Glossary

We have set out this glossary of terms so that both you and us are clear about the meaning of the terms used in this Cookies and Privacy Policy.

LAWFUL BASIS

Legitimate Interest means the interest of our business in conducting and managing our business to enable us to give you the best service/product and the best and most secure experience. We make sure we consider and balance any potential impact on you (both positive and negative) and your rights before we process your personal data for our legitimate interests. We do not use your personal data for activities where our interests are overridden by the impact on you (unless we have your consent or are otherwise required or permitted to by law). You can obtain further information about how we assess our legitimate interests against any potential impact on you in respect of specific activities by contacting us.

Performance of Contract means processing your data where it is necessary for the performance of a contract to which you are a party or to take steps at your request before entering into such a contract.

Comply with a legal or regulatory obligation means processing your personal data where it is necessary for compliance with a legal or regulatory obligation that we are subject to.

THIRD PARTIES

Internal Third Parties

Other companies in the Forward Partners Group and who are based the United Kingdom and provide IT and system administration services and undertake leadership reporting.

External Third Parties

Service providers acting as processors who may or may not be based in the EU who provide IT and system administration services.

Professional advisers including lawyers, bankers, auditors and insurers based in the United Kingdom who provide consultancy, banking, legal, insurance and accounting services.

HM Revenue & Customs, regulators and other authorities based in the United Kingdom who require reporting of processing activities in certain circumstances.

YOUR LEGAL RIGHTS

You have the right to:

Request access to your personal data (commonly known as a "data subject access request"). This enables you to receive a copy of the personal data we hold about you and to check that we are lawfully processing it.

Request correction of the personal data that we hold about you. This enables you to have any incomplete or inaccurate data we hold about you corrected, though we may need to verify the accuracy of the new data you provide to us.

Request erasure of your personal data. This enables you to ask us to delete or remove personal data where there is no good reason for us continuing to process it. You also have the right to ask us to delete or remove your personal data where you have successfully exercised your right to object to processing (see below), where we may have processed your information unlawfully or where we are required to erase your personal data to comply with local law. Note, however, that we may not always be able to comply with your request of erasure for specific legal reasons which will be notified to you, if applicable, at the time of your request.

Object to processing of your personal data where we are relying on a legitimate interest (or those of a third party) and there is something about your particular situation which makes you want to object to processing on this ground as you feel it impacts on your fundamental rights and freedoms. You also have the right to object where we are processing your personal data for direct marketing purposes. In some cases, we may demonstrate that we have compelling legitimate grounds to process your information which override your rights and freedoms.

Request restriction of processing of your personal data. This enables you to ask us to suspend the processing of your personal data in the following scenarios: (a) if you want us to establish the data's accuracy; (b) where our use of the data is unlawful but you do not want us to erase it; (c) where you need us to hold the data even if we no longer require it as you need it to establish, exercise or defend legal claims; or (d) you have objected to our use of your data but we need to verify whether we have overriding legitimate grounds to use it.

Request the transfer of your personal data to you or to a third party. We will provide to you, or a third party you have chosen, your personal data in a structured, commonly used, machine-readable format. Note that this right only applies to automated information which you initially provided consent for us to use or where we used the information to perform a contract with you.

Withdraw consent at any time where we are relying on consent to process your personal data. However, this will not affect the lawfulness of any processing carried out before you withdraw your consent. If you withdraw your consent, we may not be able to provide certain products or services to you. We will advise you if this is the case at the time you withdraw your consent.

This page was last updated on 17th April 2023.