Tax-Efficient Fund From Finance South East In Association With Angels Den


Written on March 20, 2011 – 6:47 am | by Michael Harris

The Adimpetus EIS Fund 2011 – Be an angel investor from your armchair!

A new tax-efficient Fund has been launched by Finance South East in association with Angels Den and will invest in early stage private companies with high growth potential. The Fund is a tax efficient, diversified and actively managed early stage EIS investment fund,designed to provide investors with a spread of investments that qualify for the tax reliefs available through the Enterprise Investment Scheme (EIS).

The Fund will help companies to grow, ensuring that they are appropriately backed and will manage them through to the point when another company buys them or they are growing sufficiently fast to consider a listing on the Stock Market. It allows the investor to enjoy the same exposure to companies that wealthier investors follow, but without devoting large amounts of time and money.

The fund will be managed by South East Fund Managers (part of the FSE Group).

Sally Goodsell, Chief Executive, Finance South East said “The Fund is an excellent opportunity to investors registered with Angels Den and/or FSE to take a tax-efficient and portfolio approach to early-stage investment in unquoted UK companies with high growth potential”

Deals will be sourced from a range of sources, but Angels Den will be a key deal sourcing partner and will advise and assist the Fund Manager in sourcing and qualifying investments, as appropriate.

Bill Morrow, founder of Angels Den said: “Being a business angel can be extremely rewarding but to can take up a lot of time and money. This Fund allows the investor to enjoy the same exposure to companies that wealthier investors follow, but without devoting large amounts of time and money and doing it in a tax efficient fashion.”

He added: “now is the perfect time to invest in early stage enterprises where the returns can be exceptionally good.”

The closing date for investments in Adimpetus EIS Fund 2011 is 5 April 2011.

For further information visit www.angelsden.co.uk/fund or http://www.financesoutheast.com/ourfunds/index.aspx?id=1822

**** ENDS *****

For further information, photography or interviews, please contact Tracy Light, Angels Den. T. 0203 318 0230 ext 21 or email: tracy@angelsden.co.uk

Notes to Editors:

The Fund Manager’s aim is to invest selectively in such companies to produce capital gains within a period of three to five years while managing risk. The investments will be in both established businesses as well as selected early stage businesses all of which qualify for EIS* tax relief.

About Finance South East www.financesoutheast.com FSE Group is a centre of excellence in developing and delivering early stage funding solutions and its Fund Management team, recognised as the Best Early Stage Investment Team by British Business Angels Association in 2009, has a strong track record in actively working with and funding organisations across a range of funding vehicles to successfully deliver growth impact through relatively small investments, both directly as Fund Manager and through its associated Business Angel Networks and Investor Clubs.

About Angels Den www.angelsden.co.uk

Angels Den connects entrepreneurs and companies that need funding with High Net Worth individuals. It is one of the largest global Angel networks with over 4000 Angels registered worldwide.

It is also one of the most active Angel Networks in the world running over six SpeedFunding events per month in the UK and Asia. Angels Den is the only company to offer pitching to Angels on a one- to-one basis.

SpeedFundingTM is a highly effective matching mechanism with 90% of entrepreneurs finding at least one interested Angel and vice versa. Over 3,000 individual pitches, on average, take place a year between entrepreneurs and investors giving our entrepreneurs the best chance of securing funding.

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