Privacy Policy
Privacy Policy for Parnexus Last updated: 30/6/2025
This Privacy Policy explains how Parnexus Assets Ltd ("Parnexus", "we", "us", or "our") collects, uses, stores, and protects your personal data. It also outlines your rights under applicable data protection laws, including the UK General Data Protection Regulation (UK GDPR) and the Data Protection Act 2018.
By engaging with our platform, including by creating a membership, signing up for newsletters, or communicating with us, you agree to the practices outlined below.
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Who We Are Parnexus Assets Ltd is the data controller responsible for the personal data you provide to us. Our platform provides a private environment for members to connect, transact, and explore opportunities in off-market asset categories.
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What Information We Collect We collect personal information when you:
Create a membership or user account
Submit or respond to a listing or search
Contact us or give feedback
Interact with our communication tools
This may include:
Name, address, and contact details (email, phone)
Job title, industry, company
Identification documentation (e.g. passport data)
Your search and listing activity
Communication preferences and correspondence history
- How We Use Your Information A. Service & Platform Functionality To present our content effectively on your device
To administer your account and preferences
To enable member-to-member messaging and transaction coordination
To troubleshoot, analyse, or improve system performance
B. Marketing & Communication To send newsletters, updates, or content related to your interests
To inform you about new features, listings, or events
To measure and improve the relevance of messages or promotions
Note: We do not sell or rent your personal information to any third party.
- Legal Basis for Processing Your Data We process your personal data under the following lawful bases:
Contractual Necessity – When data is required to fulfil our obligations to you.
Consent – Where you have explicitly agreed to receive communications or services.
Legitimate Interests – To run and improve our services and safeguard platform integrity.
Legal Obligation – Where required to comply with applicable laws or regulations.
- How Long We Keep Your Information We retain personal data for as long as necessary to support your use of the platform or as required by law. Unless otherwise stated:
All personal data is retained indefinitely, unless you request deletion. In which case you will be responded to within 30 days.
Passport or identity verification documents are securely deleted after 10 days from submission.
You can request deletion of your personal data at any time by contacting us (see Section 11).
- Security & Data Storage Your information is stored securely with trusted third-party service providers who are contractually obligated to implement industry-standard security measures.
While we take all reasonable steps to protect your data, no online platform is entirely risk-free. Transmission of data over the internet is at your own risk. Once received, we implement strict access controls and security protocols to protect your personal data from unauthorised access or disclosure.
Where data is transferred outside the UK or EEA, we ensure appropriate safeguards are in place, such as the ICO-approved Standard Contractual Clauses or transfers to countries with adequacy decisions.
- Your Data Protection Rights Under applicable data protection laws, you have the right to:
Access the personal data we hold about you
Request correction of inaccurate or incomplete data
Request deletion of your personal data
Restrict or object to certain types of processing
Request portability of your data in a structured format
Withdraw consent at any time (where processing is based on consent)
Lodge a complaint with the UK Information Commissioner’s Office (ICO)
To exercise any of these rights, please contact us (see Section 11).
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Cookies We do not use cookies for user tracking or personalisation. Any advertising displayed on the Parnexus platform is not behaviourally targeted and is the same for all users. Limited essential cookies may be used for secure login or session management.
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Member Communication Tools Information you submit within the Parnexus platform remains private unless and until you choose to disclose it to another member. Our internal messaging system exists solely to support legitimate asset discussions and transactional communication. You are responsible for any information you choose to share.
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Membership Outreach & Platform Usage We may contact you via email or phone regarding a transaction, listing, or platform-related update.
Platform activity may trigger outreach for support, reminders, or educational purposes. Inactive users may also receive re-engagement messages unless they opt out.
- GDPR & Legal Compliance Parnexus Assets Ltd fully complies with:
The UK General Data Protection Regulation (UK GDPR)
The Data Protection Act 2018
Any applicable ICO guidance or data transfer regulations
We are committed to data minimisation, transparency, accountability, and upholding all data subject rights.
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Policy Updates We may revise this Privacy Policy to reflect changes in our services, legal obligations, or operational practices. Updates will be posted on this page and will take effect upon publication. We encourage you to check this page periodically.
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Contact Us If you have any questions about this Privacy Policy, your personal data, or to make a data-related request, please contact:
Data Protection Officer Parnexus Assets Ltd 20-22 Wenlock Road, London, N1 7GU Josh Benbow - Parnexus appointed Data Protection Officer