Hambro Perks Growth EIS Fund
The Hambro Perks Growth EIS Fund creates diversified portfolios of fast-growth, early-stage, technology-enabled businesses that have the potential to reshape existing industries and create new markets. There are four verticals - Fintech (including Insurtech), Digital Healthcare, Enterprise Software (SaaS), and Consumer Technologies. The objective is to invest for significant capital gains in a selection of highly filtered, diligently assessed, disruptive companies, in carefully constructed portfolios blending sectors and stages. Hambro Perks believes that the best strategy in venture to produce excellent returns is to invest early and keep backing the winners. Each portfolio will contain new companies and follow-on investments in the emerging winners previously supported.
The fund aims to invest subscriptions into 10-15 companies within a timeframe of 12-18 months. Targeting a return of 2-3x initial capital subscribed with the majority of returns in years 4-7 after investment. There is clear alignment of interest, as Hambro Perks Limited, in which all staff have a stake, is invested in the Fund, and will participate in all investments alongside investors. There is no initial charge for advised applications, and no fees are charged to the underlying companies. This, along with many other factors such as Hambro Perks’ extensive experience, network and the support to portfolio companies, enables them to win the best deals. 10% of the subscription is held back to pay for management fees, meaning tax relief is available on 90%.