Mariana Growth EIS Fund

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Investment Objective

Mariana Growth EIS Fund offers investors the opportunity to invest into a portfolio of EIS qualifying companies across multiple sectors targeting a return of £2.00 per £1.00 invested. We favour companies with a disruptive business model or cutting-edge technologies that allow them to challenge the incumbent within their sector. Across sectors, the Fund will favour companies with;

  • Demonstrable demand for their product/service
  • A clearly defined capital expenditure plan
  • An experienced management team with a proven track record

Our current preferred sectors including Hydroponics, Waste Management and UK Construction. We have pre-identified investee companies with HMRC advance assurance in a number of sectors and we are planning an allotment this tax year (18/19).

  • Target Return - £2.00 per £1.00 invested
  • Investment Horizon - At least 5 years
  • Track Record - Enterprise Investment Partners currently manage over £100m in tax-efficient investments across multiple sectors.
  • Portfolio -The Fund aims to give investors exposure to at least three different EIS companies targeting high growth across multiple sectors
  • Investment Process - Robust investment process implemented by experienced team of investment professionals
  • Deal Size & Structure - £500k to £4m per Investee Company. The Company will be structured to maximise value for investors.
  • Allocation - 100% of Investors subscription (after adviser fees) will be invested
  • Close Dates -The Fund intends have at least one allotment this tax year (2018/19).
  • EIS Qualification - The Fund will only commit to funds to companies with HMRC Advance Assurance.

Exit Strategy

The investment horizon of the fund is at least 5 years. It is anticipated that investee companies will achieve exits via a trade or private equity sale, management buy-out or listing on AIM.

Fund Manager

Enterprise Investment Partners LLP ("Enterprise" or "EIP") is a venture capital boutique with extensive experience across a full spec-trum of clients. Enterprise are specialists in fundraising for smaller companies through tax-efficient structures, with a particular emphasis on tax efficient investments.

Enterprise work with top quality management teams and entrepreneurs, providing the expertise necessary to transform exceptional concepts into successful and fast growing businesses.

Mariana has partnered with Enterprise by selecting it as the Fund Manager for Mariana’s Business Relief (BR) and Enterprise Investment Scheme (EIS) business lines. Enterprise has considerable investment experience and a strong fundraising track record in this sector currently managing over £100 million in tax-efficient investments. Martin Sherwood, co-founder of Enterprise is also a founding director of the EIS Association.

Fund Provider

Mariana were established in 2009 as an institutional business before expanding into the retail market in 2013. The investment team have investment banking and tax backgrounds with experience across multiple sectors including Renewable energy, Infrastructure and Property. Mariana run two (fully funded) EIS in renewable energy and waste management as well as a business relief qualifying investment focused on renewable energy and working capital finance.

Fees

Initial Fee

2%

Dealing fee

1%

Annual Management Fee

2.5%

Performance Fee

25% after investors have been returned £1.20 per £1.00 invested

For further information please do not hesitate to

contact us on:

+44 (0) 20 7952 6685
info@kuber.uk.com
www.kuberventures.co.uk

Fund at a glance

Scheme Categorisation

Alternative Investment Fund

Target Return

£2.00 per £1.00 invested

Scheme Strategy

Generalist Growth

Investment Sector

Generalist. Current preferred sectors including Hydroponics, Waste Management and UK Construction

Target Diversification

3 – 6 companies

Nominee & Custody Arrangements

Woodside Corporate Services Limited provides both custodian and nominee services