Jenson EIS Fund

Investment Objective

In return for subscribing to the Fund, Jenson seek to provide Investors with:

  • A diverse portfolio of Investments in a wide range of sectors and industries, which qualify for EIS Relief.
  • Capital deployment concentrating on the best of the existing Jenson portfolio alongside new external opportunities.
  • Strong targeted tax free cash returns of 185p for every 100 pence invested.
  • Investing in the classic equity gap which is typically under served by the traditional EIS and VCT funds.

Exit Strategy

There is and can be no guarantee of any exit but Jenson will seek to realise Investments over a period of four to seven years. Jenson will look to employ a variety of appropriate exit strategies on behalf of the Fund including trade sales to other companies in the same sector or industry as the investee company, listing on a stock exchange or by selling its share of the investee company to larger private equity firm. Jenson has a track record of SEIS exits with six to date, the highest return being 4x investment, with earnouts this could potentially reach a 12x return (before tax incentives and performance fee).

Fund Manager/Provider

Jenson Funding Partners LLP

Jenson Funding Partners LLP (Jenson) was founded in 2012 by Paul Jenkinson and Sarah Barber from Jenson Solutions Ltd (a network of Finance Directors who continue to provide support to the investee companies). Since 2012, Jenson has launched five SEIS and four EIS Funds. They are now on their 10th tranche and have invested £16 million in 100 entrepreneurial UK businesses which have typically launched their product or service and are typically close to or post revenue. In addition, the EIS Fund has supported 20 follow on funding rounds, all at premium to initial launch cost. Jenson has recently become FCA authorised. Jenson utilises the skills of the Jenson Solutions Partners as well as external consultants on a regular and constant basis to enrich the investment process and ongoing support for the investee companies. We have access to over 15 partners who have experience across a range of financial and sector situations.

Fees

Fee typeFees charged to Investor
(including VAT)
Fees charged to Investee Companies (including VAT)
Initial feen/a8.00%
Annual management feen/a£420 per calendar month
Performance fee30% (with a hurdle rate of 120p per 100p invested)n/a
Other fee informationn/an/a
Kuber Special Arrangement

Kuber investors receive a fundraising fee of 1% from the manager, Kuber will return this fee to investors by applying it to their subscription amount thereby increasing their investment.

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

Alternative Investment Fund

Target Return

£1.85 for every £1 invested

Scheme Strategy

Private Equity

Investment Sector

Generalist

Target Diversification

5 investee companies

Nominee & Custody Arrangements

Custodian: Thompson Taraz Managers Limited

Nominee: TT Nominees Limited