Great Point Ventures EIS

Investment Objective

Great Point Investments (“Manager”) seeks to provide investors with a portfolio of high growth businesses operating in the UK creative industries with the potential to address large new markets or disrupt existing ones.  Great Point's ultimate aim is to drive significant capital growth and will achieve this by looking to leverage its decades of experience, deep sector knowledge and extensive network of industry contacts and strategic partners.

The Manager believes that the following creative industry sub-sectors present the most attractive opportunities for the Fund:

  1. Content Creation
  2. Production Facilities and Services
  3. Content Distribution and Marketing
  4. Future Media and Technology

The companies sought by the Manager must meet the following criteria:

  • potential for rapid growth and development
  • led by entrepreneurial management teams with unique talents and a proven track record of achievement
  • potential to address large new markets or disrupt existing ones
  • attractive candidates for acquisition by large corporations
  • potential to generate returns that are multiples of the invested capital for investors.

The Manager will ensure each investor has a number of investments in their portfolio (minimum four) in order to ensure a diversified approach, with all target companies carefully selected for their ability to deliver an attractive risk / return profile. The Manager will only invest in companies that have been granted advance assurance from HMRC that they should qualify for the benefits of EIS relief.

The Manager believes its USPs to be:

  1. Unrivalled media sector knowledge;
  2. Proprietary deal flow;
  3. Broad investment strategy within a defined sector in which the Manager is highly experienced;
  4. Sector diversification within the EIS industry that is currently heavily tech focused.

Exit Strategy

The Manager is targeting an investment horizon of between four to six years (no guarantee implied). The main routes to exit are likely to be a trade sale, a sale to a financial buyer or strategic investor, or a sale to management.

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 Fee2% 2%Investor
Annual Management Fee* 2.5% 2.5% Investee company
Custodian Fee**up to 0.125%up to 0.125%Investee company
Dealing Fee0.35% 0.35% Investee company
Performance Fee***20% 24% Investor

*Capped at 4 years and only taken once funds are deployed into underlying investee companies

**Payable by investee company for 4 years and then covered by the Manager
***Payable after a fund level performance hurdle of 120% has been achieved

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

The scheme is structured as an Alternative Investment Fund.

Target Return

£2 for every £1 invested

Scheme Strategy

Venture Capital EIS

Investment Sector

Media & intellectual property

Target Diversification

Min. 4 investee companies

Nominee & Custody Arrangements

The custodian is Woodside Corporate Services Ltd.

The nominee is WCS Nominees Ltd.