Amberside Incrementum EIS Fund
Investment Objective
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:
- A known portfolio of companies at time of investment
- Quick deployment of capital (circa 3 months)
- Managed by a combined team of experts – Amberside Capital and CH1 Investment Partners
- ALL investee companies personally invested in by the Directors of Amberside Capital/CH1 Investment Partners on the same terms as EIS investors
Exit Strategy
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.
Exit History
| 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 |
Fund Manager
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.
Fund Adviser
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.
Fees
| 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 |
Kuber Special Arrangements
N/A
For further information please do not hesitate to contact us on:
+44 (0) 20 7952 6685
info@kuberventures.com
www.kuberventures.co.uk
Fund at a glance
Scheme Categorisation
Alternative Investment Fund
Target Return
£2 per £1 invested, after a 3-year minimum holding period but would expect holding periods of 5+ years to maximise value for investors
Scheme Strategy
Growth
Investment Sector
Generalist
Target Diversification
4 to 8 investee companies
Nominee & Custody Arrangements
Custodian: Woodside Corporate Services Limited
Nominee: WCS Nominees Limited