Privacy Policy
Privacy Policy – Parnexus Assets Ltd
Last updated: 4 January 2026
This Privacy Policy explains how Parnexus Assets Ltd (“Parnexus”, “we”, “us”, or “our”) collects, uses, stores, and protects personal data, and outlines your rights under applicable data protection laws, including the UK General Data Protection Regulation (UK GDPR) and the Data Protection Act 2018.
This policy applies to all users, members, visitors, and counterparties who engage with the Parnexus platform or communicate with us.
- Who We Are
Parnexus Assets Ltd is the data controller responsible for the personal data processed under this Privacy Policy.
Our platform provides a private environment for members to connect, communicate, and explore opportunities in off-market asset categories.
- What Information We Collect
We collect personal data when you:
create a membership or user account
submit or respond to a listing or search
communicate with us (including email, phone, or platform messaging)
interact with platform tools, content, or communications
The types of personal data we may collect include:
name, address, and contact details (email, phone number)
job title, industry, and company information
identification or verification documents (e.g. passport data, where required)
platform activity, including listings, searches, and communications
communication preferences and correspondence history
We do not intentionally collect special category data unless strictly required for compliance or verification purposes.
- How We Use Your Information
We use personal data for the following purposes:
A. Platform Operation & Service Delivery
to create and administer user accounts
to enable member-to-member communication and transaction coordination
to provide access to platform features, content, and listings
to troubleshoot issues and improve platform performance
B. Communications & Engagement
to respond to enquiries and provide support
to send service-related communications (e.g. account notices, transaction updates)
to share newsletters, insights, or updates where you have opted in or where permitted by law
to assess engagement and improve the relevance of communications
We do not sell, rent, or commercially trade personal data with third parties.
- Legal Bases for Processing
We process personal data under one or more of the following lawful bases:
Contractual Necessity – where processing is required to provide platform services
Consent – where you have explicitly agreed to receive certain communications or services
Legitimate Interests – to operate, secure, and improve the platform, provided such interests are not overridden by your rights
Legal Obligation – where processing is required to comply with applicable laws or regulatory requirements
Where processing is based on consent, you may withdraw that consent at any time.
- Cookies & Similar Technologies
Parnexus does not use cookies for behavioural tracking or user profiling.
Limited essential cookies may be used solely for purposes such as:
secure login
session management
basic platform functionality
Any advertising displayed on the platform is not behaviourally targeted and is the same for all users.
- How Long We Keep Your Information
We retain personal data only for as long as necessary to fulfil the purposes for which it was collected, unless a longer retention period is required or permitted by law.
In practice:
general account and platform data is retained while your account remains active, and thereafter unless deletion is requested
passport or identity verification documents are securely deleted within 10 days of submission
you may request deletion of your personal data at any time
Deletion requests are processed within 30 days, subject to legal or regulatory retention obligations.
- Data Storage, Security & International Transfers
Your personal data is stored securely using trusted third-party service providers who are contractually required to implement appropriate technical and organisational security measures.
We take reasonable steps to protect personal data against unauthorised access, loss, misuse, or disclosure. However, no online system can be guaranteed to be entirely secure, and transmission of data over the internet is at your own risk.
Where personal data is transferred outside the UK or EEA, appropriate safeguards are applied, including:
ICO-approved Standard Contractual Clauses, or
transfers to jurisdictions subject to 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 data portability in a structured, commonly used 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 using the details below.
- Member Communications & Platform Tools
Information submitted within the Parnexus platform remains private unless and until you choose to share it with another member.
Our internal messaging and communication tools exist solely to support legitimate platform use, asset discussions, and transactional coordination. You are responsible for any information you choose to disclose to other users.
- Platform Outreach & Engagement
We may contact you via email or phone regarding:
platform activity
listings, searches, or transactions
account-related or service-related updates
Inactive users may receive limited re-engagement communications unless they opt out.
You may opt out of non-essential communications at any time.
- Policy Updates
We may update this Privacy Policy from time to time to reflect changes in our services, legal obligations, or operational practices.
Updates will be published on this page and will take effect upon publication. We encourage you to review this policy periodically.
- Contact Details & Data Protection Officer
If you have any questions about this Privacy Policy or wish to exercise your data protection rights, please contact:
Data Protection Officer Parnexus Assets Ltd 20–22 Wenlock Road London, N1 7GU
Josh Benbow Parnexus-appointed Data Protection Officer