Great Point Estate Planning

Investment Objective

The Service’s main objective is to deliver to investors modest, "inflation plus" returns of 3% whilst preserving capital by investing in a portfolio of companies engaged in the trade of lending to a range of media and entertainment companies which require production cashflow and project finance against commissioned orders and future income streams underpinned by the likes of BBC, ITV, Amazon, Netflix and the UK government.  Great Point Investments (“Manager”) believes that project financing in the media industry will provide the investee companies targeted by the Service with attractive and stable returns as they seek to grow their lending businesses. Unique selling points include:

  • Unrivalled combination of BR and media project management experience;
  • Sector specific focus driven by management expertise delivers much needed diversification in an industry that is dominated by strategies focussed on renewable and infrastructure assets;
  • Significant deal flow which results in almost immediate deployment of new monies raised;
  • Competitive cost base – nil upfront fee for first £5m raised through the Service and an AMC of 1% that is deferred until the target return of 3% is delivered to investors

Exit Strategy

The Service is an evergreen strategy with no defined exit strategy as investors can choose to exit at whatever point in time suits them (subject to underlying liquidity). Exits will be facilitated by way of either a matched bargain (i.e. exiting investors selling their shares to incoming investors) or a capital reduction (i.e. cancellation of the exiting investor’s shares). As per the Service’s brochure, the aim is to deliver liquidity to exiting investors within 3 months of receiving a withdrawal request.

Fund Manager/Provider

The Great Point Group is a specialist media business whose senior management team have over 60 years of experience, successfully investing in the global media and entertainment sector. The team specialises in the management of EIS and BR qualifying media businesses, having managed over £250 million of investment into EIS and BR qualifying companies in recent years.

Prior to forming the Great Point Group, the team advised and/or managed over 250 SEIS, EIS, BR and CVS qualifying companies with a combined capital base of over £300m. Jim Reeve, Fergus Haycock, Kok-yee Yau and Laura Macara managed the Ingenious Estate Planning and Ingenious Broadcasting EIS offers which were at the time arguably the most consistent tax-efficient media performers in the marketplace.

Fees

Fee typeFees excluding VATFees including VATPayable by
Initial Fee*2% 2%Investor
Annual Management Fee 1% 1.2%Investee company
Custodian Feeup to 0.125%up to 0.125%Investee company
Dealing Fee1%1%Investor (on exit)
*Waived for the first £5m of applications received by the Service

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 Portfolio Service

Target Return

3% per annum

Scheme Strategy

Business Relief

Investment Sector

Media & intellectual property

Target Diversification

3

Nominee & Custody Arrangements

The custodian is Woodside Corporate Services Ltd.

The nominee is WCS Nominees Ltd.