A partnership with CH1 Investment Partners, who have over 10 years’ experience of investing in EIS companies. Matthew Evans and Richard Spacey ran Vestra Ventures together, and brought that experience across to CH1 when they launched the business in 2016.
This EIS invests in companies that can demonstrate a proven market for their product or service through increasing annual revenue streams, that are now looking for further capital to expand. The companies could be from any sector, as long as they have a strong board and management team, and a sensible, robust business plan that can demonstrate how they will grow revenues further to in excess of £10m annually.
USP’s:
We will be targeting exits in 4-6 years from the date of investment. These exits will likely be provided by one of the following: a trade sale, management buyout, or venture capitalist.
Company | Date of exit | Value on purchase | Value on exit | Total return (net of reliefs) |
---|---|---|---|---|
Super Nuva | July 2017 | £750,000 | £1,005,000 | 1.34x |
Receipt Bank | Partial Exit Q4 2017 | £3,719,791 | £22,280,912 | 5.99x |
Longshot Country Inns | Q2 2018 | £2,820,000 | £2,425,200 | 0.86x |
Aircoolbox | Q2 2018 | £735,000 | £0 | 0.00x |
Amberside Capital aim to bring the highest standards of institutional management rigour to the retail investment market. This investment rigour covers all activities from the comprehensive due diligence undertaken in making investments, the detailed risk management which governs our management of investments, and the transparency we bring to investor reporting and the investment process.
CH1 Investment Partners are independent advisers who source, shape, and analyse investment opportunities in unlisted companies for High Net Worth investors. Matthew Evans and Richard Spacey have worked together for over 10 years, with Matthew being a founder partner of Vestra Wealth. Together Matthew and Richard ran Vestra Ventures until the business was sold to LGT in 2016.
Fee | Investor | Investee Company |
---|---|---|
Initial (cash) | n/a | 3% |
Initial (equity) | n/a | 3% |
AMC | n/a | n/a |
Performance Fee | 20% on returns above 150% per company | n/a |
N/A
Alternative Investment Fund
£2 per £1 invested, after a 3-year minimum holding period but would expect holding periods of 5+ years to maximise value for investors
Growth
Generalist
4 to 8 investee companies
Custodian: Woodside Corporate Services Limited
Nominee: WCS Nominees Limited
An investor qualifies as an High Net Worth investor if they have
(a) An annual income to the value of £100,000 or more;
(b) Net assets to the value of £250,000 or more. Net assets for these purposes do not include:
(i) the property which is their primary residence or any loan secured on that residence;
(ii) any rights under a qualifying contract of insurance within the meaning of the Financial
Services and Markets Act 2000 (Regulated Activities) Order 2001; or
(iii) any benefits (in the form of pensions or otherwise) which are payable on the termination of their service or death or retirement and to which they are or (or their dependants are), or may be, entitled.
An investor qualifies as ar Self-Certified Sophisticated Investor if at least one of the following applies:
a) they are a member of a network or syndicate of business angels and have been so for at least the last six months prior to the date below
b) they have made more than one investment in an unlisted company in the two years prior to the date below
c) they are working, or have worked in the two years prior to the date below, in a professional capacity in the private equity sector, or in the provision of finance for small and medium sized enterprises
d) they are currently, or have been in the two years prior to the date, below a director of a company with an annual turnover of at least £1 million