Blackfinch Ventures EIS Portfolios

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Investment Objective

The investment strategy is to identify compelling investable digital, tech business start-ups through our proprietary network of deal flow contacts; and to analyse and scrutinise these opportunities to test their suitability for investment. Through a rigorous due diligence process, the fundamental risks will be identified and either mitigated or the opportunity rejected.

The investment proposition needs to have ALL criteria met before they are passed for more rigorous assessment:-

  • A clear vision for development from a proof of concept
  • A large addressable market size
  • An investable founding/management team with credibility and strong motivation
  • An acceptable valuation which leaves a strong equity growth play for Blackfinch

When the investment is passed through the Investment Committee and assuming accepted; the Ventures team will work to support the founders with mentoring and close supervision as well as general guidance and more formal Governance from a Board seat and representation.

Exit Strategy

Most exits take the form of trade sales, with the possibility of flotations and secondary sales to other investors.

Fund Manager/Fund Provider

Blackfinch invest in the UK’s most innovative new firms, focused on early stage companies across sectors with technological potential, they support disruptive businesses, offering products that address real world needs, with the capability to make an impact in global markets. Blackfinch is an established provider of Enterprise Investment Schemes (EIS). Backed by expertise and a broad network of relationships, the Blackfinch Ventures EIS Portfolios bring access to EIS tax benefits, along with prospects for significant returns.

For further information please visit: blackfinch.com

Fees

Portfolio establishment fee

A fee of 3% charged to investor subscriptions pre-deployment to establish portfolio (with subsequent impact on relievable investment amount).

Ongoing fees

AMC of 2% of capital invested for the first four years, charged to the investee companies. VAT is charged where applicable.

Performance fee

A fee of 20% applied to investment proceeds once an investor has received back £1.30 (ignoring tax reliefs). This fee is calculated on an individual company basis rather than across an investor’s portfolio.

Kuber Specific 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

Discretionary managed service

Target Return

Base return £3 for every £1 invested

Target return £5 for every £1 invested

Scheme Strategy

Venture capital EIS

Investment Sector

Technology

Target Diversification

At least 10 companies

Nominee & Custody Arrangements

Administrator - Blackfinch Investments Ltd

Custodian - Blackfinch Nominees Ltd