Investment Funds

Kuber works with a select number of EIS managers which is growing all the time.

Based on parameters agreed with its investment committee, Kuber will identify a shortlist of potential Managers and Schemes from a market wide analysis. These parameters have been established following a selection criteria which are based on a set of criteria widely used by other independent bodies from across the wealth advisory industry. The following are examples of the key areas typically considered

A record of investment in EIS, SEIS or BPR
FCA permissions
A commitment to future EIS/SEIS/BPR launches
In-house investment protocol, key personnel of high standing
Quality levels of service, and fair costs

Kuber will, through their internal investment committee proceed to make the final selection and negotiate terms with the selected Managers.

Please visit Kuber Ventures Investment Governance Process for more information on the process.

You will find more information on the managers and their portfolios on this page, within our Investment Guide and the managers websites. If you require more detailed analysis on the managers or their portfolios this can be obtained from us or our partners.

Also, there are a range of Kuber portfolios for professional advisers only, and you will find a summary of these on the documents page.

Manager Overview

Atlantic Screen Media Limited

Schemes on the Platform

Investments Funds Details

EIS

SchemeStrategyTarget returnExitSectorAIF/
MIFID
ACDC EISPrivate Equity6.66% p.a. as the hurdle rate of the Fund3-5 yearGeneralistAIF
Atlantic Screen Media EISPrivate EquityASML are targeting an IRR of 15% (excluding tax relief) for shareholders.The Fund Manager will likely look for an exit in years 4 to 5.

Music scores: For music content, this will entail the sale of the catalogue or the companies themselves to a major music publisher or to Atlantic Screen Group.

Comics: For the comics, the IPs will be sold to a major comic book company or to the likes of Netflix, Amazon or Facebook for future exploitation of the IP.

TV development: For the TV series developments, these will either have been converted into productions and the investments repaid with a premium or, what has not been converted will be bundled and sold to a production company. Any residual values attributed to the EIS Company from conversions into production (i.e. profit participations) will be sold to a catalogue acquisition company.
Media & EntertainmentMIFID
Boundary Capital AngelPlus EIS FundPrivate Equity (EIS and SEIS)Target net-of-tax average annual return of 25% (enhanced up to 50% depending on the investor’s tax position) based on an average holding period of five years.The Fund target length is five years, by which time the investments will be either liquidated or, with the reasonable discretion of the investment committee, as soon as practically possible thereafter with regard to seeking good value and orderly exits for the investors. Exits are likely to take the form of trade sales, flotations, secondary finance, MBO’s and Company buy backs, and potentially auction of non-core intellectual property.Technology and life sciencesMIFID
Centaur EIS FundPrivate EquityTarget fund IRR of 20% or more per annum (not taking into account any tax reliefs), within 5-8 years.The Manager will work with Ascension to develop a portfolio of Investments with the aim of creating an exit for each of the Investments within three to eight years (being mindful that EIS-qualifying investments need to be held for at least three years). Potential forms of exit may include: Trade sale, IPO, or MBO.TechnologyAIF
CHF MediaProject Financethree to five times return targeted3-5 years from the date of first broadcast for a show or the date of first release for other conceptsMediaMIFID
Deepbridge TechnologyPrivate Equitytarget return of 22.9% p.a.minimum of 3 yearsTechnologyMIFID
Deepbridge Life Sciences EISPrivate Equity170p for every 100p invested, over a minimum 4-year period, an equivalent return of c.22.4% per annumThe Deepbridge team believes that most exits in the technology sector will take place in the M&A space, and so aim to execute business models suitable for this exit route. The Deepbridge team will assess any opportunity to capitalise on exit opportunities, notwithstanding the 3 year EIS period, if an early exit is in Investors’ best interests. Deepbridge believes that either a sale of the Investee Companies, or a sale or refinancing of the assets owned by the Investee Companies, will enable funds to be returned to Investors.Life SciencesMIFID
Guinness AIM EISPrivate Equity£1.15 per £1.00 invested after all fees (and before any EIS tax reliefs)On exit the Investment Manager intends to offer Investors a number of options to suit their requirements. This will include, but not be limited to, the sale of the Investments to return cash, continued management of the Investments to maintain Inheritance Tax Relief or sale and reinvestment into a follow-on Guinness AIM EIS fund.GeneralistAIF
Imbiba Leisure EISAsset Backed2.5 x gross investment, i.e. £250,000 per each £100,000 investedTypically a trade sale to a private equity fund soon after the end of the 3 year EIS term i.e. approx. 3.5 yearsLeisureAIF
Jenson SEIS and EIS FundEIS and SEISInvestee Companies will be selected on the basis of an overall target exit consideration for the Fund of 185p for every 100p invested gross of tax reliefsJenson and the Fund Manager will look to employ a variety of appropriate exit strategies on behalf of the Fund including trade sales to other companies in the same sector or industry as the Investee Company, listing on a stock exchange or by selling its share of the Investee Company to a larger private equity firm.GeneralistMIFID
Par Syndicate EISVenture Capital EISIRR of 15% per annumExits are generally expected to come 1n the form of trade sales, although return of capital and IPOs can't be ruled out Absent an exit event, liquidity 1s likely to be extremely limited Should the Investment Agreement between Par Equity and an Investor come to an end, through termination or expiry, the Investor can have shares transferred to them from the nomineeTechnologyAIF
Startup Funding Club EIS Growth FundPrivate Equity£2.50 per £1 invested (20% IRR excluding tax relief)The Manager believes Investee Companies will start to exit from the spring of 2023. It is anticipated this will be through a trade or private equity sale, or listing on AIM, of each of the Investee Companies. Investors should note that the Exits of Investee Companies may be delayed and none of the Exit options above may be available to the Manager.GeneralistAIF
Symvan Technology EISPrivate EquityThe Fund has the following performance targets:

  • Target gross IRR of 29%

  • Target net IRR of 26%

  • Target exit multiple of 5x – 20x (Min – Max)

4 yearsTechnologyAIF
Velocity Consumer Technology EIS FundPrivate Equity£1.75p per £1 investedExits likely to be achieved via a sale, disposal or listing of an investee company. A partial exit approach to one or more of its investee companies is the approach so that risk can be mitigated as soon as possible. NB the first fund which started in April 2016, has already achieved a 6.6x cash return in respect of one of its holdings in May 2017 within 13 months of investment. This means its investors are already cash positive.TechnologyMIFID

SEIS

SchemeStrategyTarget returnExitSectorAIF/
MIFID
Boundary Capital AngelPlus SEIS FundPrivate Equity (EIS and SEIS)Target net-of-tax average annual return of 25% (enhanced up to 50% depending on the investor’s tax position) based on an average holding period of five years.The Fund target length is five years, by which time the investments will be either liquidated or, with the reasonable discretion of the investment committee, as soon as practically possible thereafter with regard to seeking good value and orderly exits for the investors. Exits are likely to take the form of trade sales, flotations, secondary finance, MBO’s and Company buy backs, and potentially auction of non-core intellectual property.Technology and life sciencesMIFID
Deepbridge Innovation SEISPrivate EquityMid-case capital growth of 200p for every 100p invested targeted, over a minimum 5-year period.The Deepbridge team believes that most exits in the technology sector will take place in the M&A space, and so aim to execute business models suitable for this exit route. To appear on potential acquirers’ radars, Deepbridge seeks to invest in opportunities that have the potential of becoming either a threat or a complement to existing products on the market. Exits will be sought at the earliest opportunity after the third anniversary of the investment made, however, exit strategies will likely be implemented within 4-5 years from investment date.TechnologyAIF
Deepbridge Life Sciences SEISPrivate Equity35%% pa over a minimum of 5 years 250p for every 100p investedWe believe that most exits in the Life Science sector will take place in the M&A space, and so we aim to execute business models suitable for this exit route. To appear on potential acquirers’ radars, we seek to invest in opportunities that have the potential of becoming either a threat or a complement to existing products on the market.Life SciencesMIFID
Epicure SEISSeed SEIS£2 for each £1 investedTrade sale, equity or debt refinancing and share buyback, or flotation of each of the Investee Companies.Food and LeisureAIF
Start Up Series SEIS 1Seed SEISIRR of 29% after 5 yearsThe Fund anticipates that the options for Investors to exit a Portfolio Company may include the following:

  • a sale to a third party, at arms-length, of a Portfolio Company;

  • the purchase by a Portfolio Company of shares held by the Fund’s Investors, subject to taxation rules;

  • the introduction of new investors (not SEIS investors, who must buy new shares) to a Portfolio Company;

  • the reduction of a Portfolio Company’s share capital;

  • the voluntary liquidation of a Portfolio Company or the sale of a Portfolio Company’s assets and subsequent distribution of proceeds to shareholders.


Generalist/Consumer AIF
Symvan Technology SEISPrivate EquityThe Fund has the following performance targets:

  • Target gross IRR of 29%

  • Target net IRR of 26%

  • Target exit multiple of 5x – 20x (Min – Max)

4 yearsTechnologyAIF

BPR

SchemeStrategyTarget returnExitSectorAIF/
MIFID
Blackfinch Adapt IHT PortfoliosBPRBlackfinch Capital Preservation Portfolios

  • Target 4% – net of costs and charges Blackfinch Growth Portfolios

  • Target 6% – net of costs and charges

tbcGeneralistMIFID
Deepbridge IHT ServiceBPR6% dividend per annum after year 2
Or, a growth option
tbcRenewable EnergyMIFID
Guinness Sustainable Inheritance PlanningBPRAim to deliver returns in excess of 5% per annumThe offering facilitates quarterly redemptions for investors once they have been invested for a minimum of 12 months. InfrastructureMIFID
Mariana Estate Planning SolutionAsset Backed4% per annum, net of all fees

  • 1% Standard Liquidity

  • 2 % Enhanced Liquidity

Renewable EnergyAIF


Independent Due Diligence Information Table

Fund ManagerFund NameAllenbridge
Report
Tax Efficient
Review
MICAPHardman & CoFund type
AMIMACDC--pending-EIS
Start Up Series SEIS 1---SEIS
Ascension Ventures LimitedCentaur EIS Fund----EIS
Atlantic Screen Media LimitedAtlantic Screen Media EIS---EIS
BlackfinchBlackfinch Adapt IHT--IHT
Boundary Capital Boundary Capital AngelPlus EIS Fund--EIS
Boundary Capital AngelPlus SEIS Fund--SEIS
CHF CHF Media Fund EIS Portfolio---EIS
CHF Media Fund EIS/SEIS Portfolio---EIS/combined
DeepbridgeDeepbridge Technology-EIS
Deepbridge Life Sciences EIS--EIS
Deepbridge Innovation SEIS--SEIS
Deepbridge Life Sciences SEIS-pendingSEIS
Deepbridge IHT Service--IHT
Enterprise Investment PartnersThe Imbiba Leisure EIS-EIS
Startup Funding Club EIS Growth Fundpendingpending--EIS
Epicure SEIS----SEIS
Guinness Asset ManagementGuinness AIM EIS--EIS
Guinness Sustainable Infrastructure Service--IHT
Jenson Funding Partners LLPJenson SEIS/EIS Fund---combined
Mariana Capital Markets LLPMariana Estate Planning Solutionpending---IHT
Par Fund Management LimitedPar Syndicate EIS Fund---EIS
Symvan CapitalSymvan Technology EIS-EIS
Symvan Technology SEIS---SEIS
Velocity Capital Advisors LtdVelocity Consumer Technology EIS Fund---EIS