M AGAZINE
GBI OPEN OFFERS The power to invest through GrowthInvest
EIS Open
Close
July 2018
28 June 2019
Amount to be Raised: £20m Minimum Investment: £50,000
Calculus Capital EIS Fund Pioneers of tax efficient investing, Calculus Capital created the UK’s first approved EIS Fund in 1999. Our 19 year track record of investing in growing UK companies assures investors of our ability to make sensible investments capable of delivering excellent returns at every stage of the economic cycle. Calculus has won multiple awards, including the EIS Association’s ‘Fund Manager of the Year’ in February 2017, the fifth time the firm has been awarded the accolade and more recently was awarded Best EIS Investment Manager at the Growth Investor Awards in November 2018. Calculus are recognised as having an incredibly robust investment process and an active portfolio management style - which has led to an impressive track record of successful exits. The Calculus Capital EIS Fund focuses on established companies with growth potential, across a diverse range of sectors. An investor can expect a portfolio of 6-10 companies with the following characteristics: • The ability to achieve our target IRR of 20% • Experienced management teams
T. 020 7493 4940 E. madeleine@calculuscapital.com www.calculuscapital.com
• Successful sales of proven products or services • Profits or a clear path to profitability • Clear route to exit
FOR MORE INFORMATION PLEASE CLICK HERE
VCT Open
September 2018
Close 30 August 2019 (2019/20 tax year)
Amount to be Raised: £10m Minimum Investment: £5,000
Calculus’ investment strategy is exit led, with a key focus on delivering strong returns to investors. The 18 month investment programme commences after relevant closing date. Calculus value their reputation for client service as much as their investment record, and are focused on building long standing relationships with both clients and advisors. Please get in touch to find out more on 020 7493 4940 or info@calculuscapital.com
Calculus Capital VCT Pioneers of tax efficient investing, Calculus Capital have a strong track record for investing in established, unquoted SMEs. Our experienced investment team and thorough investment process have produced impressive dividend performance and exit returns for investors. By co-investing in selected established companies through both VCT and EIS, we are able to choose larger companies and bigger deals – reducing the risk profile of the investment. The Calculus VCT has the following characteristics: • Targets an annual dividend of 4.5% of NAV • Income tax relief of 30%, tax-free capital gains and dividends • Diversified portfolio, targeting 30 qualifying companies • Share certificates issued 10 days after allotment • Allotments available in both 2018/19 and 2019/20 tax years • Monthly standing order option available • Target 5% discount in respect to share buyback after 2020
T. 020 7493 4940 E. madeleine@calculuscapital.com www.calculuscapital.com
The top up offer will be used to both invest in new companies with growth potential and provide further funding to a number of portfolio companies. Calculus value their reputation for personal service as much as their investment record, and are focused on providing an excellent client experience. Please get in touch to find out more on 020 7493 4940 or info@calculuscapital.com
FOR MORE INFORMATION PLEASE CLICK HERE
GB Investment Magazine · Open Offers
1
EIS Open
Close
Evergreen
Evergreen
Amount to be Raised: N/A Minimum Investment: £25,000
T. 01865 860 760 E. info@oxcp.com www.oxcp.com
Oxford Capital Growth EIS We will build a portfolio of shares in 12-15 companies for investors over a period of roughly 12-18 months. We invest in early stage technology focused businesses in the UK. We aim to access the best deals, invest early and keep backing the winners. Our current portfolio includes companies in sectors such as fintech, online marketplaces, digital healthcare, AI and machine learning. Recent investee companies include Push Doctor (online health), Moneybox (digital savings), Sn-ap (on demand travel app) and Wrisk (insurtech). Our experienced team works closely with investee companies, typically sitting on the board, helping to accelerate commercial development with the aim of achieving a profitable exit, usually through either a trade sale or a stock market listing. Each portfolio company should be eligible for EIS reliefs, including 30% income tax relief and tax-free gains.
FOR MORE INFORMATION PLEASE CLICK HERE BR / IHT Open
Close
Evergreen
Evergreen
Amount to be Raised: N/A Minimum Investment: £25,000
T. 01865 860 760 E. info@oxcp.com www.oxcp.com
Oxford Capital Estate Planning Service The Oxford Capital Estate Planning Service (OCEPS) can help investors mitigate Inheritance Tax by investing in companies that should qualify for Business Property Relief, subject to the requisite holding period. OCEPS offers investors ‘flexibility and control’ over their investment. Options include Capital Growth and Income. Target returns range from 3% to 5% p.a., and capital can be accessed within 1-6 months through the sale of shares. If an investor’s circumstances change, they can elect to switch to an alternative, more appropriate, investment option. Investors in the Estate Planning Service will acquire shares in unquoted holding companies. These companies will make equity investments in, and loans to, companies which in turn will own and operate revenue-generating assets. Currently the investment strategy is focused on smallscale power generating equipment, property construction and renewable energy assets. Over time, other assets will be added to the portfolio.
FOR MORE INFORMATION PLEASE CLICK HERE SEIS Open
Nov 2017
Close
Evergreen
Target Raise: £3m per annum Minimum investment: £10,000
Deepbridge Innovation SEIS The Deepbridge Innovation SEIS represents an opportunity for private investors to participate in a selected portfolio of innovative seed stage innovation companies, taking advantage of the tax benefits available under the Seed Enterprise Investment Scheme. Providing seed investment to emerging technology-focused companies, the Deepbridge Innovation SEIS seeks to fund selected investee companies that possess an exciting new innovative approach to meet the existing and emerging requirements and demands of both corporate and consumer markets. The Deepbridge Investment Team has a proven track record of working with emerging companies to create value for shareholders through a hands-on investment methodology. The Deepbridge Innovation SEIS is a manager fee-free SEIS opportunity at the point of investment for subscriptions received by a financial adviser. Upfront and ongoing manager fees are paid by the Investee Companies, potentially allowing investors to enjoy up to 100% of SEIS tax benefits. Please see costs and fees section in the Information Memorandum for full details.
T. 01244 746000 E. Enquiries@deepbridgecapital.com www.deepbridgecapital.com
FOR MORE INFORMATION PLEASE CLICK HERE
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The availability of SEIS tax reliefs depends on individual circumstances, may be subject to change in future and depend on underlying companies invested in maintaining their qualifying status. Investment in unquoted companies carries high risks and investors could lose the total value of their investment. Investments in SEIS can be difficult to realise. Past performance is not a reliable indicator of future performance. This financial promotion, directed at investment professionals, has been approved by Enterprise Investment Partners LLP (“EIP”). Deepbridge Advisers Limited (FRN: 609786) is an Appointed Representative of EIP, which is authorised and regulated by the Financial Conduct Authority (FRN: 604439).
GB Investment Magazine Open Offers GB2Investment Magazine · October· 2018
Open Offers
SEIS Open
Close
January 2016
Evergreen
Target Raise: £3m per annum Minimum Investment: £10,000
The Deepbridge Life Sciences SEIS The Deepbridge Life Sciences SEIS represents an opportunity for private investors to participate in a selected portfolio of early stage life sciences companies, taking advantage of the tax benefits available under the Seed Enterprise Investment Scheme. Providing seed investment to emerging companies operating in the life sciences sector, the Deepbridge Life Sciences SEIS seeks to fund companies with exciting new technologies that aim to satisfy the needs of large and growing markets. The Deepbridge Investment Team has a proven track record of working with emerging companies to create value for shareholders through a hands-on investment methodology.
T. 01244 746000 E. Enquiries@deepbridgecapital.com www.deepbridgecapital.com
FOR MORE INFORMATION PLEASE CLICK HERE
EIS Open
March 2017
Close
Evergreen
The Deepbridge Life Sciences SEIS is a manager fee-free SEIS opportunity at the point of investment for subscriptions received by a financial adviser. Upfront and ongoing manager fees are paid by the Investee Companies, potentially allowing investors to enjoy up to 100% of SEIS tax benefits. Please see costs and fees section in the Information Memorandum for full details. The availability of SEIS tax reliefs depends on individual circumstances, may be subject to change in future and depend on underlying companies invested in maintaining their qualifying status. Investment in unquoted companies carries high risks and investors could lose the total value of their investment. Investments in SEIS can be difficult to realise. Past performance is not a reliable indicator of future performance. This financial promotion, directed at investment professionals, has been approved by Enterprise Investment Partners LLP (“EIP”). Deepbridge Advisers Limited (FRN: 609786) is an Appointed Representative of EIP, which is authorised and regulated by the Financial Conduct Authority (FRN: 604439).
Deepbridge Life Sciences EIS
Maximum Raise: Uncapped
The Deepbridge Life Sciences EIS represents an opportunity for private investors to participate in a selected portfolio of healthcare innovation, whilst taking advantage of the tax benefits available under the Enterprise Investment Scheme.
Minimum investment: £10,000
The Deepbridge Life Sciences EIS focuses principally, but not exclusively, on three sectors: • Biopharmaceuticals • Biotechnology • Medical Technology. The Deepbridge Investment Team has a proven track record of working with emerging companies to create value for shareholders through a hands-on investment methodology.
T. 01244 746000 E. Enquiries@deepbridgecapital.com www.deepbridgecapital.com
FOR MORE INFORMATION PLEASE CLICK HERE
The Deepbridge Life Sciences EIS is a manager fee-free EIS opportunity at the point of investment for subscriptions received by a financial adviser. Upfront and ongoing manager fees are paid by the Investee Companies, potentially allowing investors to enjoy up to 100% of EIS tax benefits. Please see costs and fees section in the Information Memorandum for full details. The availability of EIS tax reliefs depends on individual circumstances, may be subject to change in future and depend on underlying companies invested in maintaining their qualifying status. Investment in unquoted companies carries high risks and investors could lose the total value of their investment. Investments in EIS can be difficult to realise. Past performance is not a reliable indicator of future performance. This financial promotion, directed at investment professionals, has been approved by Enterprise Investment Partners LLP (“EIP”). Deepbridge Advisers Limited (FRN: 609786) is an Appointed Representative of EIP, which is authorised and regulated by the Financial Conduct Authority (FRN: 604439).
GB Investment Magazine · Open Offers
3
EIS Open
January 2013
Close
Evergreen
Deepbridge - Technology Growth EIS
Amount to be Raised: Uncapped
The Deepbridge Technology Growth EIS represents an opportunity for private investors to participate in a selected portfolio of innovative growth companies, taking advantage of the tax benefits available under the Enterprise Investment
Minimum Investment: £10,000
Scheme. The Deepbridge EIS focusses principally on three sectors: • Energy and resource innovation; • Medical technologies; • Business enterprise and other high growth IT-based technologies.
T. 01244 746000 E. Enquiries@deepbridgecapital.com www.deepbridgecapital.com
FOR MORE INFORMATION PLEASE CLICK HERE EIS Open
Now
SEIS Close
N/A
Amount to be Raised: £5m Minimum Investment: £15,000
The Deepbridge Investment Team has a proven track record of working with emerging companies to create value for shareholders through a hands-on investment methodology. The Deepbridge Technology Growth EIS is a manager fee-free EIS opportunity at the point of investment for subscriptions received by a financial adviser. Upfront and ongoing manager fees are paid by the Investee Companies, potentially allowing investors to enjoy up to 100% of EIS tax benefits. Please see costs and fees section in the Information Memorandum for full details. The availability of EIS tax reliefs depends on individual circumstances, may be subject to change in future and depend on underlying companies invested in maintaining their qualifying status. Investment in unquoted companies carries high risks and investors could lose the total value of their investment. Investments in EIS can be difficult to realise. Past performance is not a reliable indicator of future performance. This financial promotion, directed at investment professionals, has been approved by Enterprise Investment Partners LLP (“EIP”). Deepbridge Advisers Limited (FRN: 609786) is an Appointed Representative of EIP, which is authorised and regulated by the Financial Conduct Authority (FRN: 604439).
Oxford Technology Combined SEIS and EIS Fund - “The Start-up Fund” Oxford Technology invests in high risk, high reward technology start-ups, in general within an hour’s drive of Oxford, and has been doing this since 1983. The latest fund, OT(S)EIS, made its first investment in 2012. By 31st December 2018, OT(S)EIS had completed 105 investments in 34 companies. The figures for the fund as a whole since its inception are as follows:
T. 01865 784466 E. info@oxfordtechnology.com www.oxfordtechnology.com
FOR MORE INFORMATION PLEASE CLICK HERE EIS Open
Evergreen
SEIS Close
Evergreen
Amount to be Raised: N/A Minimum Investment: £5,000
Gross amount invested by OT(S)EIS:
£4.94m
Cash back to investors via tax refunds (1):
£1.98m
Net cost of these investments after tax reliefs (2):
£2.96m
Fair value (3):
£10.52m
Tax Free gain (on paper only so far):
£7.56m
OT(S)EIS remains open for investment at any time. We average about one or two new investmens per quarter, and investors in the fund receive their pro-rata share of these. The latest quarterly report, with a page of information on each investment is downloadable from www.oxfordtechnology.com.
GrowthInvest - The Tax Efficient Platform for Advisers GrowthInvest is a unique, independent platform which provides access to tax efficient investments to a growing network of UK financial advisers, wealth managers and investors. Originally founded by financial advisers in 2012 as the Seed EIS Platform, we rebranded as GrowthInvest in October 2016 to better reflect the wider range of products and services available: We permit investment into a range of single company offers, as well as Managed EIS Portfolio Services and funds, giving clients a number of different investment options. • We offer a simplified asset transfer process which allows advisers to place all of their clients’ tax efficient investments onto the platform. • We provide intuitive online reporting tools, allowing advisers to monitor, analyse, and provide consolidated performance updates and quarterly reports to their clients.
T. 020 7071 3945 E. enquiries@growthinvest.com www.growthinvest.com
FOR MORE INFORMATION PLEASE CLICK HERE
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• All investable companies go through one of 3 defined due diligence tiers, giving added peaceof-mind to the adviser. • A single, secure online environment for all clients to review and build their tax efficient investment portfolios. We’ve placed the adviser at the heart of everything we do, making it straightforward for advisers to improve the service they offer to their clients in the tax efficient investment arena. Please visit us at growthinvest.com for more details about our current open investment opportunities.
GB Investment Magazine Open Offers GB4Investment Magazine · October· 2018
Open Offers
EIS Open
Close
01.10.2018
Evergreen
Amount to be Raised: £20m Minimum Investment: £10,000
Great Point Ventures EIS Great Point Ventures EIS (“Fund”) presents UK tax payers with the opportunity to invest in EIS qualifying businesses operating in the booming UK creative industries. The Fund aims to seek out high growth companies and has a broad sub-sector approach designed to offer investors a degree of diversification across content creation, content distribution & marketing, production facilities & services and new media & technology. Investors will have a minimum of four companies in their portfolio and all companies must have received Advance Assurance from HMRC prior to funds being deployed. Why Great Point Ventures EIS?
Unrivalled sector experience - the Great Point team have a unique blend of financial, operational, commercial and investment management expertise specific to the media sector T. 0203 873 0028 E. dperkins@greatpointmedia.com www.greatpointmedia.com
FOR MORE INFORMATION PLEASE CLICK HERE EIS
SEIS
Open
Close
April 2017
Evergreen
Amount to be Raised:
Up to £25,000,000
Minimum Investment: £10,000
T. 020 7071 3945 E. enquiries@growthinvest.com www.growthinvest.com
Strong opportunity pipeline - significant proprietary deal flow and a number of “first look” deals in place with industry players and leading educational institutions Alignment of interest - the Fund offers a competitive fee structure ensuring Great Point’s interests are aligned with those of the investor Growth focussed - the Fund’s target return is two times gross investment (excluding tax reliefs, inclusive of all costs and fees) Tax efficient - for every £1 subscribed at least 97p will be invested and therefore attract EIS tax reliefs (subject to personal circumstance)
GrowthInvest Portfolio Service A discretionary investment management service which seeks to leverage the experience and expertise of the GrowthInvest investment team to select a diversified portfolio of some of the most promising companies that have passed through GrowthInvest due diligence process. GrowthInvest is an independent platform, which provides access to tax efficient investments to a growing network of UK financial advisers, wealth managers and investors. The platform aims to bring the advantages of early stage investing to a wider audience of investors and advisers, who are able to benefit from the potentially higher returns these companies can offer and tax efficiency via government approved schemes, such as SEIS and EIS. From our experience working with advisers on the Platform, the Fund has been designed to consist of three sub-funds, each with a separate investment policy. The first will target Investee Companies which qualify for SEIS Reliefs only. The second will target Investee Companies which qualify for EIS Reliefs only and the third will be a mixed investment policy which will target Investee Companies which qualify for SEIS Reliefs and / or EIS Reliefs. You will be able to choose how much of your subscription to allocate to each of these three sub-funds. The Fund is aiming to exit investments after three to seven years.
FOR MORE INFORMATION PLEASE CLICK HERE EIS Open
01.09.2017
Close
Evergreen
Amount to be Raised: £40m Minimum Investment: £15,000
Oxford Technology EIS Fund - “The Development Fund” Oxford Technology has been investing in technology start-ups since 1983. The Oxford Technology EIS Fund will aim to provide each investor a diversified portfolio of 5 - 10 EIS investments in high risk, but high potential early stage technology companies near Oxford.
T. 020 7222 3475 E. info@oxfordtechnology.com www.oxfordtechnology.com
FOR MORE INFORMATION PLEASE CLICK HERE
GB Investment Magazine · Open Offers
5
EIS
SEIS
Open
Close
Now
Multiple
Amount to be Raised: Evergreen
Minimum Investment: £10,000
T. +44 20 3858 0847 E. mark@worthcapital.uk worthcapital.uk
FOR MORE INFORMATION PLEASE CLICK HERE EIS
SEIS
Open
Close
Now
29.03.19
Amount to be Raised: £3.5m Minimum Investment: £20,000
Start-Up Series Fund The Start-Up Series Fund is an evergreen EIS & SEIS service. Managed as an Alternative Investment Fund by Amersham Investment Management Limited, authorised and regulated by the FCA. The service is designed for eligible subscribers to be invested in selected winners of the Start-Up Series, a monthly competition organised by Worth Capital Limited and promoted by startsups.co.uk. The Fund invests in qualifying B2C or B2B companies with innovative products or services that can create new consumer behaviours in growth markets, with teams that demonstrate compelling marketing & communication skills and with a clear credible route to exit. •
EIS & SEIS investments - choose EIS, SEIS or both
•
Businesses selected by real world, commercial entrepreneurs with deep brand, marketing, retail & innovation expertise – worth capital
•
A unique approach to UK EIS & SEIS fund investing – a monthly competition, around one hundred businesses considered each month
•
Ongoing oversight from experienced investor directors - skilled in helping accelerate growth & reducing risk
•
Investments in ‘mini-portfolios’ of typically 3 or 4 businesses
•
Investments qualifying for attractive EIS & SEIS tax reliefs
Any investment in the Start-Up Series Fund places your capital at risk of total loss and will not be readily realisable. Tax treatment depends on individual circumstances and is subject to change. We recommend you take professional advice before investing.
Iron Box Capital: Alive in the Morning Ltd. Alive in the Morning Ltd. will develop, produce, finance and market a slate of unique, commercial films in the horror and thriller/horror genres. Horror is one of the most popular and pro table genres in a worldwide Filmed entertainment market that will be worth a forecasted US$104.62 billion a year by 2019. It is consistently commercially successful as people love to watch movies to be scared, whether at the cinema or at home. Horror is also one of the most international genres, as fear is universal, transcending cultural and geographical boundaries. Horror Films additionally can be made on low budgets and do not need star names to attract audiences, offering the potential for a significant return-on-investment. Advance Assurance has been given.
T. 07528616752 E. raimund@ironboxcapital.com www.ironboxcapital.com
FOR MORE INFORMATION PLEASE CLICK HERE
EIS Open
Evergreen
Close
Evergreen
Amount to be Raised: £15m+ Minimum Investment: £25,000
T. 020 3327 4861 E. EIS@hambroperks.com www.hambroperks.com
Hambro Perks Co-Investment Fund Hambro Perks helps outstanding Founders build world-changing businesses. The provision of permanent, patient capital from our own balance sheet means we are completely aligned with the long term goals and interests of the entrepreneurs and investee companies that we support. We aim to take early risk in businesses, investing where we can add significant value through applying and sharing the expertise our team has built over many decades’ combined experience of founding, building, internationalising and exiting companies. We believe we are the destination of choice for the very best entrepreneurs, and they actively choose us to support them as they build fast growth tech-enabled businesses. Our main areas of focus are education technology, digital health, insurance technology, digital media and fintech. The Hambro Perks Co-Investment Fund enables individuals to co-invest alongside and on a fully aligned basis with Hambro Perks, thereby benefiting from this extraordinary access and proprietary dealflow while utilising EIS reliefs. Please get in touch for more information.
FOR MORE INFORMATION PLEASE CLICK HERE
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GB Investment Magazine Open Offers GB6Investment Magazine · October· 2018
Open Offers
SEIS Open
Close
Evergreen – multiple close dates
Now
Amount to be Raised: £750K Minimum Investment: £10,000
Iron Box Film & TV seis channel in the Amersham SEIS fund The British Film Industry is growing, and is forecast to grow for years to come. This is fuelled by the global demand for films, through multi on-line channels, including Netflix and Amazon Prime. Iron Box’s team of experts has specialist knowledge across development, finance, production and marketing of film & television projects. As a company they are well positioned to capitalise on this growth market. The aim is to focus on the most profitable genres, where there is a clear target audience, and in using proven teams of people that have a track record of making profitable Film & TV shows. The Iron Box Film & TV SEIS Channel has been designed for UK tax payers who prefer to invest in a managed portfolio of independent filmed entertainment projects, whether for traditional films or television. There are likely to be around 4 films in each portfolio. The fund will finance projects that are commercial, with strong audience appeal, and suit the international marketplace.
T. 020 3011 5096 E. info@symvancapital.com www.symvancapital.com
The companies will be SEIS eligible.
FOR MORE INFORMATION PLEASE CLICK HERE BR Open
June 2005
Close
Evergreen
Amount to be Raised: Unlimited
Minimum Investment: £25,000
Octopus AIM Inheritance Tax Service Since 2005, the Octopus AIM Inheritance Tax Service has offered a fast and flexible solution to inheritance tax planning, while providing the potential for significant capital growth through investment into a portfolio of 20-30 companies listed on the Alternative Investment Market (AIM). As we only select companies which meet the requirements for Business Property Relief, the shares should become exempt from inheritance tax after just two years, provided they are still held on death. Our highly experienced Smaller Companies team manages £1.5 billion on behalf of 11,500 investors across the service.
T. 0800 316 2295 E. clientrelations@octopusinvestments.com
octopusinvestments.com
Portfolio companies are chosen after detailed research, which involves spending time with a company’s management team, evaluating its competitors and assessing its financial strength. Holdings are monitored on a day-to-day basis, with the team making investment decisions. The Octopus AIM Inheritance Tax Service is also available within an ISA wrapper. The value of an investment, and any income from it, can fall as well as rise and you may not get back the full amount invested.
FOR MORE INFORMATION PLEASE CLICK HERE
Tax treatment depends on individual circumstances and may change in the future. Tax relief depends on portfolio companies maintaining their BPR-qualifying status. The shares of smaller companies could fall or rise in value more than other shares listed on the main market of the London Stock Exchange. They may also be harder to sell. Issued by Octopus Investments Limited, which is authorised and regulated by the Financial Conduct Authority. Registered office: 33 Holborn, London EC1N 2HT. Registered in England and Wales No. 03942880. We record telephone calls. Issued: September 2018. CAM07427-1809.
GB Investment Magazine · Open Offers
7
VCT Open
Close
13.09.2018
12.09.2019
Amount to be Raised: £120 million
Minimum Investment: £3,000
Octopus Titan VCT Octopus Titan VCT invests in tech-enabled businesses with high growth potential. It’s managed by Octopus Ventures, one of Europe’s most experienced venture capital investment teams with over 150 years combined experience. Octopus Titan VCT currently has a portfolio of around 65 early stage companies operating in a diverse range of sectors. Over the last decade we’ve backed some of the UK’s most successful entrepreneurs, including the founders of Zoopla Property Group, Secret Escapes and graze.com just to name a few. It targets a tax-free dividend of 5p per annum, plus special dividends if portfolio companies are sold at a significant profit. Investors can also claim 30% upfront income tax relief on the initial investment up to £200,000 and any capital growth is tax-free.
T. 0800 316 2295 E. clientrelations@octopusinvestments.com
octopusinvestments.com
FOR MORE INFORMATION PLEASE CLICK HERE
EIS Open
Evergreen
Close
Evergreen
Amount to be Raised: Evergreen Minimum Investment: £15,000
The value of an investment, and any income from it, can fall as well as rise and you may not get back the full amount invested. Tax reliefs available depend on individual circumstances and may change in the future. Tax reliefs also depend on the VCT maintaining its VCT-qualifying status. VCT shares could fall or rise in value more than other shares listed on the main market of the London Stock Exchange. They may also be harder to sell. Please be aware that this advertisement is not a prospectus, and investors should only subscribe for shares based on information in the prospectus or Key Information Document (KID), which can be obtained from octopusinvestments.com/titan. Issued by Octopus Investments Limited, which is authorised and regulated by the Financial Conduct Authority. Registered office: 33 Holborn, London EC1N 2HT. Registered in England and Wales No. 03942880. We record telephone calls. Issued: September 2018. CAM07411-1809
Downing Ventures EIS Downing Ventures EIS invests in high risk, high potential return investment opportunities with a principal focus on early-stage UK technology companies, while also providing access to attractive EIS tax reliefs. The team invests across a variety of sectors, with focus on enterprise SaaS, large consumer markets, healthcare tech and special situations tech. Each of these young, growing businesses will be high risk with a significant chance of failure. However, the following factors should help to manage risk: • Diversification: subscriptions estimated to be spread across approximately 10 - 15 growth businesses.
T. 020 7630 3319 E. sales@downing.co.uk www.downing.co.uk
• Due diligence: a high number of opportunities will be investigated before each investment is made. In 2017, the team reviewed around 100 companies a month. It’s anticipated that investors will be given the opportunity to exit their investments between four and eight years from subscription.
FOR MORE INFORMATION PLEASE CLICK HERE IHT Open
Evergreen
BR Close
Evergreen
Amount to be Raised: Evergreen Minimum Investment: £25,000
Downing Estate Planning Service DEPS aims to preserve investors’ capital by focusing on two sectors: businesses trading from freehold premises and/or energy infrastructure businesses. We believe these are lower risk than other tax-efficient sectors. DEPS is designed to offer full IHT relief on subscriptions after two years, by investing in a portfolio of businesses that qualify for business relief. The service has been designed with the following key features: • To target capital growth of 4% per annum over the medium term (this is a target and is not guaranteed).
T. 020 7630 3319 E. sales@downing.co.uk www.downing.co.uk
FOR MORE INFORMATION PLEASE CLICK HERE
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• Create an option to receive distributions (paid quarterly, six-monthly or annually at a level set by the investor). • Offer monthly access to capital with no penalties on exit (subject to liquidity). Additionally, we offer two insurance policies for this service: • Downside protection cover (at no additional cost): insurance policy that covers the first two years (before the investment obtains IHT relief). The policy covers 20% of any net loss in value on death under the ages of 90 years. • Life cover (optional – at an additional cost): mitigates the effect of IHT for the first two years before IHT relief begins. It covers 40% of the original gross investment (which would be payable to HMRC) upon death within the first two years.
GB Investment Magazine Open Offers GB8Investment Magazine · October· 2018
Open Offers
IHT Open
Close
March 2012
Evergreen
Amount to be Raised: Evergreen Minimum Investment:
£100,000
Downing AIM Estate Planning Service (DAEPS) DAEPS enables investors to own a portfolio of AIM-listed shares and is designed to offer full IHT relief on subscriptions after two years, by investing in companies that qualify for business relief. We aim to manage risk by spreading funds across at least 20 companies from different sectors on the AIM market. Other key features:
T. 020 7630 3319 E. sales@downing.co.uk www.downing.co.uk
FOR MORE INFORMATION PLEASE CLICK HERE IHT Open
March 2014
Close
Open ended
Amount to be Raised: Evergreen Minimum Investment:
£100,000
• Downside protection cover (at no additional cost): insurance policy that covers the first two years (before the investment obtains IHT relief). The policy covers 20% of any net loss in value on death under the ages of 90 years. • Ownership and control: allow investors to retain full ownership of the investments. • Capital growth: companies will be selected based on analysis on operational business, longevity of earning and alignment between management and equity shareholders. • Access: enable investors to withdraw capital from their portfolio at any time, subject to liquidity and 10 days’ notice.
Downing AIM ISA (DISA) DISA gives investors the opportunity to invest in a portfolio of at least 20 AIM-quoted companies, combining IHT relief (after two years) with ISA tax benefits, by investing in companies that qualify for business relief. We aim to manage risk by spreading funds across at least 20 companies from different sectors. Other key features: • Downside protection cover (at no additional cost): insurance policy that covers the first two years (before the investment obtains IHT relief). The policy covers 20% of any net loss in value on death under the ages of 90 years.
T. 020 7630 3319 E. sales@downing.co.uk www.downing.co.uk
FOR MORE INFORMATION PLEASE CLICK HERE
• Ownership and control: allows investors to retain full ownership of the investments. • Capital growth: generate capital growth from the portfolio of investments. Companies are selected based on analysis of their operational business, longevity of earnings and alignment between management and equity shareholders. • Access: to enable investors to withdraw capital from their portfolio at any time, subject to liquidity.
GB Investment Magazine · Open Offers
9
EIS Open
Nexus Investments’ Scale-Up Fund
Close
Now
Evergreen
Amount to be Raised: £10m Minimum Investment: £25,000
The Nexus Investments’ Scale-Up Fund provides each investor a diversified portfolio of 8 – 10+ EIS investments in high risk, but high potential early-stage entrepreneur-led businesses. These businesses will be in one or more of the data, digital, education and health sectors, the areas of greatest potential for UK companies to make an impact in the coming 10-20 years. As well as the Fund, Nexus Investments serves a large and active business angel co-investor group. The Fund Manager, Nexus Investments, has been arranging, advising and co-investing in these areas since 2014, having developed a promising track record and a distinctive investment model. Returns are expected to take the form of outright sales of portfolio companies, with an average holding period of 5 - 8 years.
T. 0207 104 5595 E. info@nexusgroup.co.uk www.scaleupfund.co.uk
FOR MORE INFORMATION PLEASE CLICK HERE EIS Open
Close
Now
Evergreen
EMVC Evergreen EIS
Maximum Raise:
Targeting £2-5m p.a
EMV Capital Ltd (EMVC), a London-based investor supporting the growth of high-potential technology SMEs with core technological innovation, is serving as Investment Adviser to the EMVC Evergreen EIS Fund, which is managed by Sapphire Capital Partners, an award-winning specialist fund manager focused on EIS and SEIS schemes.
Minimum investment: £10,000
The EMVC Evergreen EIS Fund strategy is built on three key pillars: 1. Real businesses, real innovation, real value The Fund will only invest in B2B businesses built on core technological innovation, generating tangible economic value for the industrial sectors in the real economy. 2. Strong corporate links and relationships
T. +44 (0) 203 761 6138 E. investors@emvcapital.com www.emvcapital.com/eis_fund
FOR MORE INFORMATION PLEASE CLICK HERE EIS Open
Jan 1st, 2019
Amount
to
Raised:
3. Follow on capital and co-investment The Fund will benefit from EMVC’s access to follow-on funding, such as through EMVC’s contacts with institutional investors, corporate venturing teams and investment vehicles. Focused on Seed and Series A/B EIS-eligible investment opportunities the Fund will look to invest in companies within the following technology areas: Industry Sectors: Industrial High-Tech; Energy; Resource Efficiency & Circular Economy; Smart Cities & Connected Transport Technology Horizontals: Artificial Intelligence and Robotics; Internet of Things; Electronics; Advanced Engineering; Industrial Chemistry; B2B tech enterprise software; Environmental technology
StoryFirst Ltd.
Close
April 5th , 2019
be
The Fund will seek to leverage EMVC’s network of corporate relationships both to validate the opportunities and to accelerate the growth of the Investee Companies.
£5m
Minimum Investment: £25,000
T. 0207 186 9933 E. julian.wheeler@shardcapital.com storyfirst.media
StoryFirst is an integrated media company focused on the origination, development, production, distribution and financing of high-quality television series. StoryFirst was created to take advantage of the current market shift from linear to digital and On Demand TV and the resultant boost in content demand coming from such acquirers as Netflix, Amazon, Apple and Hulu as well as traditional broadcasters and cable channels, among others. StoryFirst differentiates itself from other production companies by maintaining its independence from output or distribution deals, financing our own overhead and development (the company has 35 projects in development) and focusing on innovative deal-making and investments to retain as much profit participation as possible in each series. Michael Grade is the Chairman of StoryFirst and Ivan Dunleavy (previously CEO of the Pinewood Group) is also on the board. Recent productions include “A Child in Time” starring Benedict Cumberbatch.
FOR MORE INFORMATION PLEASE CLICK HERE
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GB Investment Magazine Open Offers GB10 Investment Magazine · October· 2018
Open Offers
BR Open
Close
03.09.2018
Open ended
Amount to be Raised: Open ended
Minimum Investment: £25,000
Guinness Sustainable Infrastructure Service Subscriptions made to the The Guinness Sustainable Infrastructure Service will be invested into shares of one or more companies that qualify for Business Relief with no initial fee for advised clients. Investee companies will own and operate Sustainable Energy projects, such as roof mounted solar. These projects have strong visibility of revenues that are usually index-linked which helps to achieve capital preservation. Target Return to investors is in excess of 5% p.a. net of fees which is aided by fixed capital costs, low operating costs and predictable revenue streams with low annual variability.
T. 020 7222 3475 E. shane.gallwey@guinnessfunds.com www.guinnessfunds.com/iht
Inflation-linked long term (20 year plus) Power Purchase Agreements are able to benefit from government subsidies where available. Clients are able to benefit from access to their capital by redemption of shares on a regular or ad hoc basis.
FOR MORE INFORMATION PLEASE CLICK HERE BR Open
January 2018
Close
Evergreen
Amount to be Raised: Open ended
Minimum Investment: £40,000 (£20,000 for additional investment)
Guinness Best of AIM Service The Guinness Best of AIM Service is a discretionary managed service investing in AIM-quoted companies that qualify for Business Relief with the potential for capital growth. The rigorous quantitative portfolio selection approach has been adapted from the process used in Guinness Asset Management’s successful range of global equity funds. The detailed screening process is underpinned by the quality, value and conviction of each eligible AIMquoted stock. The service consists of a high-conviction concentrated portfolio of 20 companies across a range of sectors that have persistently generated a real return on invested capital. We target a low portfolio turnover to minimise dealing costs whilst maintaining a competitive fee structure.
T. 020 7222 3475 E. shane.gallwey@guinnessfunds.com www.guinnessfunds.com/iht
Clients are able to access their capital, without exit penalties, enabling them to retain control of their assets.
FOR MORE INFORMATION PLEASE CLICK HERE Investment Trust Open
January 2018
Close
n/a
Amount to be Raised:
Authorised up to £50m
Minimum Investment:
No minimum, subject to ongoing placing program
Sure Ventures PLC Listed investment fund Sure Ventures PLC is an entrepreneur-led Venture Capital Fund, listed on the London Stock Exchange (Ticker: SURE). It targets high growth tech companies where there is a proven concept and revenue generation, in the following sectors: - Augmented Reality (AR) & Virtual Reality (VR) - Internet of Things (IoT) - Emerging areas of Fintech (e.g. Blockchain/AI) With a highly experienced, sector-specialist investment team and a rigorous origination and selection process, it offers investors access to early stage technology companies. FUND OVERVIEW - Focuses on areas of significant growth potential over the next 5-10 years (AR/VR in particular is expected to be a $108 billion market by 2022)
T. 020 3931 7000 E. info@sureventuresplc.com www.sureventuresplc.com
- Target portfolio of 30 diverse high growth companies - Target of 30% Gross IRR return across portfolio - May pay dividends to maintain status as an investment trust and/or purchase its own shares - Over 10 years Venture Capital Investment Management experience
FOR MORE INFORMATION PLEASE CLICK HERE
- Backed by one of London’s leading specialist investment managers, Shard Capital, which manages and advises over £1 billion.
GB Investment Magazine · Open Offers
11
EIS Open
Close Evergreen with quarterly tranche closures
19.09.2016
Amount
to
be
Raised:
£50m
Minimum Investment: £20,000
Guinness EIS The Guinness EIS seeks to invest in at least five investee companies to create a portfolio of investments across a range of sectors. Characteristics favoured by the investment management team are asfollows: • Businesses with experienced management teams - Many entrepreneurs are serial entrepreneurs. They have successfully builtand sold companies and we look at their sector specific successes when they are looking for investment in new/ existing ventures • Businesses with good visibility on future growth - Maturing companies and businesses with clearly defined growth paths
T. 020 7222 3475 E. shane.gallwey@guinnessfunds.com www.guinnessfunds.com/eis
• Businesses with expanding working capital requirements - Successful businesses often require additional funds to expand their working capital to fund stock and debtor growth. The Guinness EIS is an evergreen service with tranche closures at the end of each quarter. All subscriptions received in the current tranche will be invested in the 2018/19 tax year.
FOR MORE INFORMATION PLEASE CLICK HERE EIS Open
Close
03.09.2018 Amount
to
06.04.2019 be
Raised:
£10m
Minimum Investment: £20,000
T. 020 7222 3475 E. shane.gallwey@guinnessfunds.com www.guinnessfunds.com/eis
Guinness AIM EIS 2019 The Guinness AIM EIS seeks to invest in at least 10 investee companies to create a portfolio of investments across a range of sectors. It targets AIM quoted companies withe the flexibility to invest up to 20% in the NEX growth market and pre-IPO. The AIM EIS closes annually on 6th April for investment in the subsequent 12 months in newly issued AIM stocks that have EIS Advance Assurance in place and targets a return of £1.30 per £1.00 invested net of all fees. Subscriptions received by 6th April 2019 will be invested in the 2019/20 tax year which will allow for carry back of income tax relief to 2018/19. The Guinness AIM EIS is an HMRC approved fund so that investors receive one EIS 5 certificate for all holdings once the portfolio is invested. The AIM market is relatively liquid and provides a natural exit route with the intention to exit shares held soon after the EIS 3 year holding period. For this service, Guinness will defer all fees until exit, which maximises the amount on which investors can claim EIS tax reliefs.
FOR MORE INFORMATION PLEASE CLICK HERE EIS/SEIS Open Now
Close Evergreen with quarterly close
Amount to be Raised: £10m Target
Minimum Investment: £25,000
o2h Ventures Therapeutics Fund o2h Ventures Limited has launched the first fund in the UK solely focused on early stage biotech therapeutic and related AI opportunities in the UK. The geographic scope shall be UK wide but will target the growing Cambridge biotech cluster. The fund is headquartered in the o2h SciTech Park, Cambridge, where it can provide the incubation and support as part of a community to the companies it has invested in to help them achieve a critical value inflexion point. The team at o2h have access to some of the most exciting ideas through its live grass roots working relationships fostered with entrepreneurs and scientists over many years. A shift in focus of the large pharmaceutical companies from developing innovation in-house to acquiring innovation externally increased demand for the best science providing earlier exit options. The fund is structured to be S/EIS compliant providing generous income, inheritance and capital gains tax breaks for UK tax payers. We plan to build a portfolio of 5-12 unquoted per investor.
E. invest@o2h.com www.o2h.com/ventures
Investors may download the Information Memorandum at www.o2h.com/ventures.
FOR MORE INFORMATION PLEASE CLICK HERE
12
GB Investment Magazine Open Offers GB12 Investment Magazine · October· 2018
Eight Members Club London presents two venues in the heart of the city. The clubs offer members a wonderful space in which to both work and of course relax while taking advantage of our wonderful restaurant and bars, with an amazing event space, pool table, cinema and over 10 beautifully appointed meeting rooms. To discover more go to www.eightclub.co.uk.
GB Investment Magazine ¡ Open Offers
13
EIS
SEIS
Open
Open
Evergreen: Next close 27th March 2019
May 2018
Amount to be Raised: £5m Minimum Investment: £10,000
Jenson SEIS & EIS Fund 2018-19 Applying a very structured sector agnostic investment approach, the Fund targets exciting, innovative and disruptive technologies which qualify for SEIS investments, where we typically invest the full allowable amount of £150,000 per company. These investee companies are then nurtured via the Investee support programme, which provides financial and operational assistance to enhance returns, a key differentiator between Jenson and other SEIS and EIS providers. The EIS element of the fund is used to provide follow-on funding to fully exploit commercialisation of a proven business model. Specifically, the EIS fund will concentrate on the best of the Funds existing portfolio but will always be benchmarked relative to new external company opportunities. Having access to an extensive and existing SEIS portfolio enables follow on funding at a fair price.
T. 020 7788 7539 E. seis@jensonsolutions.com www.jensonfundingpartners.com
FOR MORE INFORMATION PLEASE CLICK HERE
EIS Open
Now
Close
29th March 2019
Amount to be Raised: £5m - £10m Minimum Investment: £25,000
Jenson Funding Partners has been investing since 2012 and has made just under 100 investments. To date the SEIS has invested circa £12 million and the EIS, combined with the syndicated investors, has invested over £5 million and raised over £5million of debt facilities. The combined SEIS and EIS structure enables an individual to choose whether to invest in earlier start-up companies within SEIS or later stage companies under EIS, invest solely via SEIS or EIS or split funds across both. The 1st tranche for 2018/19 has closed and deployment commenced, the 2nd tranche will close on 27th March with a planned deployment within this tax year.
Mariana Growth EIS Fund 2018/19 Tax Year Deadline: 29th March 2019 (cheque deadline 15th March) The Mariana Growth EIS Fund offers investors the opportunity to invest into a portfolio of EIS qualifying companies across multiple sectors. The fund is targeting a return of £2.00 per £1.00 invested and will only invest into companies with HMRC Advance Assurance. The Fund will favour companies with a demonstrable demand for their product/service, a clearly defined capital expenditure plan and an experienced management team. Our current preferred sectors include;
T. 0207 065 6699 E. ukinvestments@marianainvestments.com www.marianainvestments.com
FOR MORE INFORMATION PLEASE CLICK HERE
14
• Hydroponics • Waste Management • UK Construction 100% of investors subscription (net of adviser fees) will be invested into EIS qualifying companies. Founded in 2009, Mariana was established as an institutional brokerage firm. In addition to our well-established institutional presence, we offer a range of Structured Products, Enterprise Investment Scheme (EIS) and Business Relief (BR) qualifying investments.
14 GB Investment Magazine Open Offers February 2019 GB50 Investment Magazine · October· 2018
Open Offers
EIS Open
Close
Now
1st April 2019
Amount to be Raised: N/A Minimum Investment: £10,000
Fund Twenty8 EIS Fund Twenty8 follows the decisions of sophisticated private and professional investors to automatically build you a diversified portfolio of no fewer than 28 EIS-qualifying startups. The fund’s strategy is based on extensive research conducted by NESTA and Intelligent Partnership, which asked the question: how many startup investments should I have? The magic number appears to be: no fewer than 28. With this many startups in your portfolio, the study suggests a 95% chance of at least one giving you a return of 10X or more. With this in mind, the fund is targeting a return of over 20% IRR, including up to 30% EIS tax relief. Now in its fourth fund, Fund Twenty8 has attracted over 400 investors, with an average investment of £21,000 (ranging from £10,000 to over £300,000 for advised clients). The fund has invested into more than 50 companies to date.
T. 01223 478558 E. fundtwenty8@syndicateroom.com www.syndicateroom.com/funds/ fund-twenty8
FOR MORE INFORMATION PLEASE CLICK HERE
EIS Open
31st January 2019
Close
Evergreen
Amount to be Raised: Target £10m Minimum Investment: £20,000
or £5,000 under the future investors scheme
T. 0785 091 5378 E. sanjeev.gordhan@newable.co.uk www.newable.co.uk
Risk warning: Investing in early-stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. SyndicateRoom is targeted exclusively at sophisticated investors who understand these risks and make their own investment decisions. Tax relief depends on an individual’s circumstances and may change in the future. In addition, the availability of tax relief depends on the company invested in maintaining its qualifying status. Past performance is not a reliable indicator of future performance. You should not rely on any past performance as a guarantee of future investment performance. This message has been approved as a financial promotion by Syndicate Room Ltd, which is authorised and regulated by the Financial Conduct Authority (No. 613021).
Newable EIS Scale-up Fund The Fund seeks to leverage Newable’s unique corporate infrastructure and the extensive eco-system built by Newable and London Business Angels over the last 35 years. Bringing together the best entrepreneurs, partners and investors to invest in and help scale high-growth businesses. We target the funding gap that exists for businesses which have de-risked their technology, developed traction with customers and now seek funding to scale their commercial operations. The Fund aims to provide investors with a diversified portfolio of 7-10 EIS qualifying investments per subscription across our key sectors; SpaceTech, Life Sciences, Automation and Electronics. The Newable Investment Committee has over 100 years of combined investment experience with a track record of making successful investments across the Innovation and Technology space. Our EIS funds to date have an average of 29% IRR with a failure rate of 21%
FOR MORE INFORMATION PLEASE CLICK HERE
GB Investment Magazine · Open Offers
15
EIS Open
February 2019
Close
Evergreen
BLACKFINCH Ventures EIS Portfolio “Investing across sectors, our strategic focus is always on disruptive, innovative businesses capable of substantial growth, that can deliver for investors.” DAVID CRAVEN
Amount to be Raised: £20m
BLACKFINCH VENTURES, MANAGING DIRECTOR
Minimum Investment: £10k
Our strategy is to identify and support early-stage companies with products that address real-world needs. In particular we target innovators with digital and technological potential, investing in disruptive businesses with strong founding teams. We seek entrepreneurs that can demonstrate established and proven concepts, visibility of profit and cash generation, and are looking to take the first steps in their development phase. We focus on significant growth opportunities, often with a predicted return of ten times (10x) on investment, operating in addressable market size of at least £100 million. Our strategy gives us a competitive edge, yet our ability to remain flexible means we can to apply these criteria to multiple sectors.
T. 01452 717070 E. enquiries@blackfinch.com https://blackfinch.com
FOR MORE INFORMATION PLEASE CLICK HERE
VCT Open
Close
11 January 2019 31 May 2019 Amount to be Raised:
£7 million
Minimum Investment: £6,000
T. 0207 831 5088 E. william@elderstreet.com www.elderstreet.com
FOR MORE INFORMATION PLEASE CLICK HERE
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Draper Esprit VCT Draper Esprit VCT plc is an established technology focused VCT managed by Elderstreet in close association with Draper Esprit plc, the award winning and successful technology investment manager. Draper Esprit is a highly regarded venture capital investor in the UK and European technology sector, floated on the AIM market in June 2016 and at the time of writing has a market capitalisation of over £500 million. In association with Draper Esprit, the VCT has committed to fourteen new technology investments totalling £11.25 million since April 2017. The VCT has an unaudited net asset value of £41.6 million and is now invested in 24 trading companies (Sep 2018 interim accounts). Draper Esprit target a portfolio return of 20% per annum, and the VCT targets a 3p annual dividend giving a potential equivalent tax free yield of 6% to 7% per annum (see the Offer document for details). Investors can also claim 30% upfront income tax relief on the initial investment up to £200,000 and any capital growth is tax-free. The value of an investment, and any income from it, can fall as well as rise and you may not get back the full amount invested.Tax reliefs available depend on individual circumstances and may change in the future. Tax reliefs also depend on the VCT maintaining its VCT-qualifying status. VCT shares could fall or rise in value more than other shares listed on the main market of the London Stock Exchange. They may also be harder to sell. Please be aware that this advertisement is not a Prospectus or Offer Document, and investors should only subscribe for shares based on information in the Offer Document or Key Information Document (KID), which can be obtained from www.elderstreet.com. Issued by Elderstreet Investments Limited, which is authorised and regulated by the Financial Conduct Authority. Registered office: 20 Garrick Street, London WC2E 9BT Registered in England and Wales No. 01825358
16 GB Investment Magazine Open Offers February 2019 GB50 Investment Magazine · October· 2018
Open Offers
EIS Open
Close
Evergreen
Amount to be Raised:
£20 million
Minimum Investment:
£20,000 (£15k if both spouses)
T. 0207 927 7465 E. Enquiries@endven.com www.endven.com
FOR MORE INFORMATION PLEASE CLICK HERE
EIS Open
Evergreen
Close
Evergreen
Amount to be Raised:
c. £30m
Minimum Investment:
£25,000
Endeavour Ventures Managed Portfolio Service Building on our successful track record in growth EIS investing since 2005, Endeavour’s new Portfolio Service has been designed to provide many of the advantages of a managed EIS fund, but with better flexibility and no initial or annual fees for investors. Total fees are kept low, and clients receive 100% EIS relief on the money we invest. Endeavour builds each client a diversified portfolio of companies across technology sectors that we know and understand. We focus on enterprise software, property and legal technology related platforms, cloud-based software delivery, workforce management and optimisation, data management platforms, and we have developed expertise in payments, FX and in fintech. We also diversify across stages of development, we seek out companies that are showing increasing customer traction, and many of our investments are into maturing businesses wishing to expand. The number of investments held by a client increases over several years tax years to give optimum diversification. The objective is to enable clients to consistently benefit from EIS reliefs against tight deadlines while providing a base case return on capital of 1.6x to 2x over a 5 year period. This is against Endeavour’s 12 year audited cash to cash track record of 6.1x cost. Our investment team understands growth investment complexities and timeframes. We have the right combination of skills for due diligence, investing, assisting and monitoring portfolio companies, and for exiting investments. We know that growth investing requires resilience over a number of years, and therefore forge strong partnerships between management teams and our own team members, that endures throughout the course of the investment cycle and on to exit. The most recent portfolio exit was Blue Prism Group Plc, providing Endeavour’s investors with a return of 150x and securing the EISA’s 2017 Best Exit of the Year.
MMC Ventures EIS Fund Invest in the UK’s fastest growing technology companies • Performance: In the last 24 months, MMC has delivered five positive exits returning an average of 2.7x to investors. • Experience: MMC has been backing the UK’s fastest growing tech companies for 19 years, making them one of the most experienced managers in the EIS space. • Commitment: More than £11 million has been invested by the MMC founders and team alongside its investors, on the same terms.
T. 0207 361 0212 E. invest@mmcventures.com www.mmcventures.com
Investors in MMC’s EIS Fund can expect deployment over a 12-18 month period in a diversified portfolio of c. 10 companies. The Fund targets a 2-3x return over a 4-8 year holding period.
FOR MORE INFORMATION PLEASE CLICK HERE
GB Investment Magazine · Open Offers
17