Investment in private companies carries a high risk: it is highly speculative and there is no recognised market for these shares. Investors in private companies must have no need for liquidity and must be able to withstand a total loss of investment. Past performance is not an indication of future performance and investments may go down as well as up. The level of tax treatment depends on your individual circumstance. Tax breaks exist under current legislation and are subject to change. CSS Partners LLP is an appointed representative of Charles Street Securities Europe LLP (CSS) which is authorised and regulated by the Financial Services Authority.