The Scheme is structured as an Alternative Investment Fund and the Fund Prospectus can be found at Enterprise Investment Partners
The Fund is seeking up to £15 million to invest in freehold storage assets across the South East, South West and Midlands. A portfolio of up to 3 sites will be acquired and developed in separate companies to provide a managed storage solution to consumers and businesses under the Titan Storage brand. With 5 sites already trading under the Titan Storage brand, the management team has demonstrated its ability to successfully develop and grow a portfolio of storage businesses.
2 x cash invested, so £200,000 for each £100,000 invested
Asset Backed
Infrastructure
3 freehold storage units
A trade sale is anticipated, either to an existing UK storage business or to a new operator seeking to enter the growing UK storage market.
Enterprise Investment Partners LLP
Enterprise Investment Partners LLP is a specialist smallcap investment boutique established over five years ago, whose activities include corporate finance, fund management and the design and promotion of tax-efficient investment products, with major emphasis on EIS. Enterprise has considerable experience of EIS and the tax-efficient industry, with particular expertise in the leisure, media, commercial property and renewable energy sectors. The three principals together have raised over £200m under EIS, VCT and other tax efficient structures over the last five years. For more information please visit http://www.enterprise-ip.com/
Enterprise Investment Partners LLP
2.5% up-front and 1.5% annual management fee
Woodside Corporate Services are acting as the Receiving Agents
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