Station12 seek to invest in 4-6 early and growth stage companies per closing. Investors have a choice to allocate to SEIS, EIS or a combination of both. The Fund will focus on investment into high growth companies in the Sports, Entertainment and Knowledge sectors including music, TV, film, publishing, live events, immersive entertainment, knowledge, gaming, sports and eSports, audio and online video.
Station12 are taking a specialist approach and providing diversification to the investor through investing in a number of sub sectors.Station12 believe the sectors they are targeting are ones where the UK has strategic advantage and are lacking access to independent funding.
The Station12 investment team has both operating and investment experience and has a track record of delivering returns to its investors.
The Fund targets a total return on 250p (before performance fees) for every 100p invested over a 4 to 6 year investment term.
Station12 make it one of their investment criteria to assess whether there is a reasonable probability to exit the companies they are investing in.
They will generally look at the investee companies after 4 years of making the initial investment to consider their financial performance and the prevailing market conditions with respect to assessing a potential exit. They will weigh up if it makes sense to pursue an exit or continue growing the business.
In their experience the main route to exit will be through a trade sale. Other potential avenues for exit will be a sale to a financial buyer or an IPO.
They expect the timeframe for exits to be 4-6 years from initial investment into the investee companies.
Station 12 Asset Management (FCA regulated) the (“Investment Manager”), is a subsidiary of Station 12 Limited (“Station12”). Station12 builds, invests in and advises companies in the Sports, Entertainment and Knowledge sector. The Investment Manager has extensive industry knowledge and a network of relationships and will be responsible for identifying and selecting investments for the Fund.