About BES Management DAC

The Davy EII Tax Relief Fund 2016 will be managed by BES Management DAC ("the Manager") which is, a joint venture between Davy and BDO and is Ireland's longest running EII Scheme Manager.

Established in 1926, the Davy Group is Ireland’s leading provider of wealth management, asset management, capital markets and financial advisory services. Davy is headquartered in Dublin, with offices in London, Belfast, Cork and Galway. Employing over 570 people, Davy offers a broad range of services to private clients, small businesses, corporations and institutional investors, and organises its activities around five interrelated business areas – Asset Management, Capital Markets, Corporate Finance, Private Clients and Research.

Davy’s mission is “to make a difference that matters to our clients”. For almost 90 years it has adapted and innovated to build its reputation as one of Ireland’s leading companies.

Established by entrepreneurs for entrepreneurs, BDO is Ireland’s leading adviser to ambitious businesses and the people behind them. Through its own professional expertise and by working directly with companies, the firm has developed a unique insight into what makes companies successful. The firm provides a range of services which include audit, tax, corporate finance and recovery services, corporate secretarial, consulting and risk advisory services.

BDO employs over 500 staff in Dublin, Limerick and an associate office in Belfast. BDO is a member firm of BDO International. The BDO International network has 64,300 partners and staff working in 1,400 offices across 154 countries around the world.

Directors

Below is a list of the Directors of the Manager who are responsible for the operation of the Fund in determining how the Subscription Monies should be invested or otherwise dealt with:

  • Tony Garry

    Tony Garry Tony Garry is a former Director and CEO of Davy. Tony graduated from UCD with a BComm. in 1975 and a MBS in 1977. He began his career in the Department of Labour, later moving to the Central Bank of Ireland. In 1975, he left the public service and moved to Allied Irish Investment Bank, becoming an Associate Director in 1976. He joined Davy in 1979 and was appointed CEO in 1994. He led the team which completed the management buyout from Bank of Ireland in October 2006. Having served as CEO for over 20 years he retired from this role in March 2015.
    He is also a Director of the Irish Stock Exchange.
  • Ivan Murphy

    Ivan Murphy Ivan Murphy is Head of Corporate Finance at Davy having joined in 1991. Since then he has been involved in advising many of Ireland's leading public and private companies on a range of transactions including flotation’s, secondary fundraisings and mergers and acquisitions. He has 25 years’ experience in corporate finance having previously worked with Kleinwort Benson, London. He is an honours economics graduate of UCD and a Fellow of The Chartered Institute for Securities & Investment.
  • Sinead Heaney

    Sinead Heaneyy Sinead Heaney is a Partner in the Corporate Investment & Business Advisory Department of BDO. Sinead has considerable experience in structuring BES/EII Scheme investments. She also has extensive experience working with small, medium and large privately owned businesses in both developing and achieving their strategic plans. Furthermore, she is a director of Development Capital, the Manager of The BDO Development Capital Fund. Sinead is a Fellow of the Institute of Chartered Accountants in Ireland.
  • David McCormick

    David McCormick David McCormick is a Partner in BDO and Heads up the Corporate Secretarial Department, which specialises in the development and administration of corporate structures. A Fellow of the Institute of Chartered Secretaries and Administrators, David is a Director of Development Capital Fund Management Limited as well as a number of retailers and property investment funds. David has also served as Company Secretary to a FTSE250 listed entity and successfully guided the company through a recent acquisition.
  • Richard Kinsella

    Richard Kinsella Richard Kinsella is a Director of Davy Private Clients. He specialises in developing and advising on financial and investment strategies for private clients, in particular for professionals and senior executives. Richard holds an MBA (Hons.) from UCD Michael Smurfit School of Business, is a Qualified Financial Advisor and a Registered Representative of the Irish Stock Exchange.
  • Andrew Bourg

    Andrew Bourg Andrew Bourg is a Partner in the Corporate Investment & Business Advisory Department of BDO. Andrew has significant sector experience across a broad range of Irish industries, including the Food & Agri, ICT and the FMCG sectors. He advises SMEs at Board level in areas including funding, acquisitions, growth strategies, international expansion, business planning and Board governance.
    Andrew is also a Director of Development Capital, the Manager of The BDO Development Capital Fund and non-executive Director of of Development Capital’s investee companies, Version 1 Holdings and Lifes2Good Holdings. Andrew is a Fellow of The Institute of Chartered Accountants of Ireland.

BES Management Designated Activity Company

BES Management Designated Activity Company is regulated by the Central Bank of Ireland. BES Management Designated Activity Company is a joint venture company owned by Davy and BDO. J&E Davy, trading as Davy, is regulated by the Central Bank of Ireland.

Davy is a member of the Irish Stock Exchange, the London Stock Exchange and Euronext. BDO is authorised to carry on investment business in the Republic of Ireland by the Institute of Chartered Accountants in Ireland.

davy bdo ireland

Get in touch

BES Management DAC
Fifth Floor,
Beaux Lane House,
Mercer Street Lower,
Dublin 2.

Investors wishing to receive information in relation to The Davy EII Tax Relief Fund, please contact us on 01 4700455 or email besinfo@bes.ie

Companies wishing to receive further information about The Davy EII Tax Relief Fund can contact:

Sinead Heaney
Andrew Bourg
Warren Larkin

For information on our BES Tax Advisory Services please view our Tax Advisory Page on the BDO website.

Warning: The information contained herein does not purport to be comprehensive, all inclusive or to contain all the information that a prospective investor might reasonably require in considering an investment in the Fund. It is strictly for information purposes only and must be read in conjunction with the Prospectus. This information does not constitute advice or a recommendation in any way. It does not take into account the knowledge and experience, investment objectives or financial situation of any particular person. The information contained herein is based on our understanding of current Irish tax legislation and Revenue guidelines. Prospective investors are advised to make their own independent commercial assessment of the information contained and obtain independent professional advice (including inter alia legal, financial and tax advice) suitable to their own individual circumstances, before making an investment decision, and only make such decisions on the basis of their own objectives, experience and resources.