Mercia Fund Management Presents Mercia EIS Growth Fund At VCT And EIS Investor Forum
- Published on Monday, 14 November 2011 09:00
- Written by Jas
Mercia Fund Management (MFM) will be presenting the Mercia Growth EIS Fund for tax efficient investment in its existing and future technology portfolio, which spans medical technology, clean technology, electronics, telecoms and software, at the VCT and EIS Investor Forum 2011 on 23 November 2011.
Hundreds of private investors are expected at the event, which will take place in London. Dr Mark Payton, Managing Director of MFM, will be participating in a panel session on “Identifying the differences and benefits between planned exit, generalist and specialist fund models” at 10.30 am and will also present the Mercia EIS Growth Fund at 2.40 pm.
The Mercia Growth EIS Fund is open to investors with a minimum of £5,000 to invest and who are looking to enhance their investment portfolio with high growth technology businesses.
MFM has a strong track record of sourcing, investing and growing the revenue base of scalable technology-backed businesses, examples of which include Allinea, Intelligent Orthopaedics, Warwick Audio, LM Technologies and Concurrent Thinking. During the event, products from LM Technologies, including an innovative iPad keyboard, will be available to sample.
“Last year’s inaugural VCT and EIS Investor Forum set the benchmark. With the Government’s changes to the VCT and EIS schemes it was imperative that private investors and the fund management community were brought together again to discuss the key topics in the industry,” said Modwenna Rees-Mogg, of event organiser, AngelNews.
Dr Mark Payton added: “We welcome the opportunity to present our fund as a sound option for investors and will be talking about the companies we invest in and how we plan to deliver positive financial returns.”
Run by a team of experienced technology-focused investment professionals, MFM has a strong deal flow resulting partly from the investment team’s relationship with eight universities, including Birmingham and Warwick –which have been a key source of deal flow, due diligence and expertise.
MFM recognises EIS as a highly attractive, tax-efficient investment vehicle for professional investors, UK wealth managers and UK family offices. Advantages include 30% income tax relief, capital gains tax deferral, tax free capital gains, 100% exemption from inheritance tax after two years and loss relief.
The Mercia Growth EIS Fund closes on 5th April 2012, but may close sooner if the investment target is reached before that date.
Past performance is not a guarantee of future returns.
For more information about MFM EIS Funds: www.merciafund.co.uk/eis-fund
For more information about the event: http://www.thevctandeisinvestorforum.com/vct-and-eis-investor-forum-2011/
About Mercia Fund Management
Mercia Fund Management is a venture capital fund manager with two funds (Mercia 1 and 2) totalling £12.8 million under management. Mercia Fund Management focuses on UK technology companies and benefits from a mixture of public- and private-sector fund investors.
Mercia Fund Management also offers the Mercia Growth EIS Fund, which presents an opportunity for private investors to invest in a balanced portfolio of high growth technology companies which take advantage of a range of tax reliefs.
Mercia Fund Management provides venture capital for technology-based companies operating across 4 key technology sectors:
- Clean Technology
- Medtech
- Telecoms, Electronics and Software Technologies
- Data Centre Management, Cloud Computing and Related Software
Headquartered in central Birmingham, and with strong links to Oxford and London, the Fund is regulated by the Financial Services Authority. The company is also a member of the British Private Equity and Venture Capital Association.
