Due diligence partner, Allenbridge approves six new fund managers
London, 4th February 2013: Two months following its launch, Kuber Ventures (Kuber), is delighted to announce that a total of six EIS portfolio fund managers are now available on its platform – the industry’s first means of comparing, reporting and investing in EIS portfolios.
The fund managers, which go through rigorous due diligence by the industry’s expert on tax efficient investing, Allenbridge, include; Enterprise Private Equity Limited, Future Capital Partners, Guinness Asset Management, Highgate Tech Fund, Old Burlington Investments and Rockpool Investments.
With the recent addition of new EIS fund managers to the platform, Kuber offers a diverse range of sectors for EIS investors including renewable energy, technology, private equity and media.
John Williams, Managing Partner at Kuber Ventures commented:
“The current economic climate and government incentives for investments in venture capital makes this an ideal time to look to alternatives such as EIS. However, there has been much confusion in the investment market till now surrounding EIS. Therefore, the due diligence behind Kuber is intrinsic in making life simpler for investors and the advisory community.
“We look forward to expanding the platform even further so we are able to offer an increasingly diverse range of EIS for investors.”
Anthony Yadgaroff, Chairman at Allenbridge added:
“Since RDR was implemented IFAs have been under increasing pressure to really understand and be more knowledgeable about all aspects of the financial market, including EIS and VCT investments. In order to do this, IFAs need access to established research houses, which are able to provide the due-diligence and background on these investments that they need for clients. Kuber is an effective solution to this, coming at a time when the RDR regulations are at the forefront of advisers’ minds and the EIS sector is rapidly developing.”