Portfolio of 6 to 12 investee companies across a range of sectors with the following target characteristics: Investment Drivers:
Only invest in companies with EIS Advance Assurance from HMRC.
Exit each investment in 4-5 years. Exits are varied – e.g. Trade sale, MBO, leveraged purchase, IPO, liquidation
Guinness Asset Management: founded by Tim Guinness in London in 2003, along with US sister firm Guinness Atkinson Asset Management Inc.
Core areas of expertise: Innovation, Energy, Growth, AIM, and Asia
Group AUM: £2.0 billion
EIS & IHT AUM: £170 million
Group staff of 40 in London, 4 in US. Guinness Asset Management 100% owned by employees
Guinness EIS launched in 2010. Guinness AIM EIS launched in 2013
Guinness investment team recognised as a leader in its field, with a proven investment track record
Long-established business with a strong balance sheet and sound corporate governance
Further information can be found at www.guinnessfunds.com.
Alternative Investment Fund
£1.25 for every £1 invested
6 to 12 investee companies
Receiving Agent: Woodside Corporate Services Ltd
Custodian: Mainspring Nominees Limited
Nominee: GAM MNL Nominees Limited
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