2fnoNyY

Open
Now
EIS
Close
Evergreen
Amount to be Raised: N/A
Minimum Investment: £25,000
T. 020 7071 3926
E. seneca@lgbrtax.com
www.lgbrcapital.com
Seneca EIS Portfolio Service
The Seneca EIS Portfolio Service is an evergreen discretionary management
service that offers investors the opportunity to build a portfolio of equity
investments in UK based SMEs, which are seeking an injection of capital to fund
their next phase of growth.
The Service gives investors a portfolio of 4-6 investments per year diversified by
sector. It targets investment returns of £1.60 to £1.80 per £1 invested (excluding
tax reliefs). The EIS Service totals over £34m and has completed 45 investment
rounds across 28 companies. 13 companies in the portfolio service are already
AIM listed providing liquidity, market pricing and exit visibility for investors.
The Portfolio Manager, Seneca Partners, is part of the wider Seneca business,
which has c. £450m invested assets and over £4bn debt under advice.
The knowledge, experience and pedigree of Seneca’s investment team,
combined with their individual track records of successful investing in the SME
sector, is complimented by an extensive deal flow network in the UK’s SME
heartlands of northern England and the West Midlands.
EIS
Open
04/01/16
SEIS
Close
30/04/16
Amount to be Raised: £15m
T. 0330 223 1430
E. talong@merciafund.co.uk
www.merciafund.co.uk
Mercia Fund Management - Mercia Growth Fund 5
Mercia Growth Fund 5 is a tax efficient technology fund optimised to source,
support and scale UK growth enterprise across key sectors in which deep
expertise is held. The Fund aims to provide investors with access to a portfolio
of high growth opportunities in pioneering technology driven businesses
combined with a risk managed investment strategy and attractive tax
advantages.
At the heart of the Fund strategy lies Mercia’s ‘Complete Capital’ model,
designed to provide fledgling technology businesses with a single investment
partner solution, in addition to a sector specialist investment team, proprietary
deal flow sources including partnerships with 14 universities and a strategic
focus on the Midlands, the North and Scotland.
EIS
Open
August 2012
SEIS
Close
Evergreen
Amount to be Raised: N/A
T. 01865 784466
E. lucius@oxfordtechnology.com
www.oxfordtechnology.com
Oxford Technology EIS/SEIS Fund
Oxford Technology has specialised in investing in high risk/high potential return
technology start-ups since 1983. OT(S)EIS is fund no 14, and remains open
for investment at any time. Investors end up with a portfolio of SEIS and EIS
investments after 36 months.
The SEIS scheme transforms the economics of investing in start-ups. The
losses on those which fail are greatly reduced. The gains on those that succeed
are tax free. They key to success is to take real risk and to make large gains on
the successes.
To date we have made 24 investments and have had two failures (there will
surely be more in due course). But the losses on the failures, after tax reliefs
are only £12,300 and £21,000. So far we have had three successes (there will
surely be more) and the net gains on these (only on paper so far) are >£3.2m
after tax reliefs.
Our quarterly report, which gives a page of information on each of the
investments may be downloaded from www.oxfordtechnology.com. Investors
email to say how much they like this. Min investment £15,000. No initial fee. 3%
introductory fee to IFAs.
Man. fee 2% pa for 3 years, then 1.5% pa accrued. 0.35% pa custodian fee. 20%
performance fee after hurdle achieved. Full details in IM, also downloadable.
90 EIS Yearbook 2016/17