The Edition EIS is a discretionary portfolio management service that gives access to a broad spectrum of mainly later stage leisure businesses that require scale up capital, taking advantage of the potential tax benefits available under the Enterprise Investment Scheme. The fund has raised and deployed £17m into 12 companies since 2017 with a combined enterprise value in excess of £80m, and targets a £2 tax free return per £1 invested over an investment horizon of 4-6 years.
Investments in unquoted companies carry high risks and investors could lose all funds invested. The value of tax reliefs depends on personal circumstances and may be subject to change in the future. The availability of tax reliefs depends on the investee company maintaining its qualifying status. Past performance is not a guide to the future performance of an investment, and investors are encouraged to take independent legal, tax and financial advice before considering an investment.
£2 tax free return per £1 invested
4 – 8 companies
Allenbridge (85), TER (85), MICAP
Evergreen fund with quarterly closes (January, April, July, October)
Carryback to 2017/18 is available for applications received by January 2018 close
Received before deployment into companies
There are no management charges collected from the investor at the point of investment in the case of subscriptions received by a financial adviser. This means that there is 100% allocation of the subscription amount and ensures tax efﬁciencies can be claimed on this full amount. Edition EIS fees are paid by the Investee Companies and are disclosed in the Information Memorandum and below. The Upfront and Annual Management Fees are only charged once funds are invested into businesses.
Please see the Information Memorandum for full details.
Get in touch if you would like to learn more about the Edition Capital investment opportunities.
For IFA and advisor queries, please contact our Business Development team.