Investments  

Kuber Ventures signs up five new managers to its platform

Kuber Ventures signs up five new managers to its platform

Alternative fund investment platform Kuber Ventures has announced that five new enterprise investment schemes and seed enterprise investment schemes have signed up to its platform.

This brings the total number of funds available to 21 on the Kuber platform. There are 13 enterprise investment scheme (EIS) funds, four seed enterprise investment scheme (SEIS) funds and four business property relief portfolios.

The first of the new EIS funds is Amersham Investment Management’s Amersham Corporate Development Capital fund, investing in a holographic intellectual property-backed company.

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The second is the Titan Storage EIS fund run by Enterprise Investment Partners, which invests in asset backed freehold storage businesses in the UK.

The third is the Imbiba Leisure EIS fund, focused on asset backed investments in a series of new bars and restaurants in London.

In terms of SEIS funds, the platform now has on board Sapia Partners’s Deepbridge Life Sciences SEIS fund, which invests in life sciences research. The second is Kin Capital’s Goldfinch SEIS fund, focusing on investments in the entertainment industry

Dermot Campbell, managing partner at Kuber Ventures, said that signing on five additional funds reflects an exciting time in the growth of the business.

“Our long term strategy is to build partnerships with funds that are looking to diversify across a large group of EIS/SEIS investments and support with the complex EIS/SEIS investment process.

“We expect this momentum to continue throughout 2016 and beyond, as the industry environment continues to change and becomes even more complex for fund managers to navigate.”

Andrew Aldridge, head of marketing at Deepbridge Capital, commented that Kuber is the ideal tool for advisers who wish to mitigate risk by splitting an investment across investment managers.

“Their team understands the tax-efficient investment space intimately and proactively supports and educates advisers, whilst reducing advisers’ administrative burden by assessing a number of managers on their behalf.”

Kuber Ventures initially unveiled its platform in December 2012. At that time, the platform’s partner John Williams said it aimed to be an independent “one-stop shop” for EIS funds, which offer tax incentives in return for investment into small, high-risk companies.

ruth.gillbe@ft.com