Cambridge VenturED Fund

Before an Investment is made in any Investee Company, the Investee Company must do three things:

1. Obtain EIS advance assurance from HMRC for the Investee Company;
2. Receive approval from the Investment Committee and
3. Enter into the Mentoring Agreement with Cambridge VenturED  as described below.

The Fund will seek to assist the Investee Companies to build their products and services helping them grow and increase in value for potential acquisition or listing opportunities. The expected holding period of most investments will be between the minimum three years for tax conditions and up to ten years. The recommended holding period for an Investor is seven years. However, it is noted that Investee Companies may be held for longer periods. It is also noted that following the realisation of the Qualifying Shares in each Investee Company, the realisation proceeds will be paid to the Investors. Consequently, it is possible that Investors will receive distributions from the Fund over a period of time.

The Investment Committee will review potential Investments to be made by the Fund and make recommendations to the Investment Manager regarding Investments.  Cambridge VenturED will nominate a number of suitably qualified persons as members of the Investment Committee. No member of the Committee will be allowed to give a view on whether a company should be the subject of investment if that person has any shares in such company or is related to any person who is a director of such company or who has any other conflict of interest. In that way, the Investment Manager will receive independent recommendations on the merits of each prospective investee company.

To invest, you must be an eligible investor. To be an eligible investor, you must be qualifying as one or more of the following:

• You meet the FCA’s definition of a professional investor.
• You meet the FCA’s definition of a certified high net worth investor.
• You meet the FCA’s definition of a self-certified sophisticated investor.
• You meet the FCA’s definition of a self-certified restricted investor.
• You are a client of an FCA authorised firm that will provide advice on the suitability of the product in question.

Risk Warning

Important information for private investors – Reliance on the information provided here to engage in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested. Your attention is drawn to the risk section contained within the Information Memorandum. Investments are typically in unquoted shares in small companies, the value of which can be volatile and are often difficult to sell. Nothing on this website constitutes investment, tax, financial, legal, regulatory, or other advice by Sapphire Capital Partners LLP.

The value of an investment may go down as well as up, and you may not get back the full amount invested, and you may therefore lose some or all of your investment.

If you are unsure of the suitability of any investment for your circumstances, please contact your independent financial advisor or other professional advisor authorised under the Financial Services and Markets Act 2000 (FSMA) who specialises in advising on investments of this type. Tax reliefs depend on individual circumstances. There is no guarantee however that the tax reliefs (such as EIS reliefs, CGT reliefs or IHT relief) will be available on any investment made or that if it is initially available, it will not be subsequently withdrawn. Any references to tax laws or rates are based on current legislation, all of which are subject to change and are provided as a guide only. Prospective investors are advised to take their own investment and taxation advice and should consult their own professional advisors on the implications of investing.

Investments made in investee companies via funds managed by Sapphire Capital Partners LLP are not covered by the Financial Services Compensation Scheme (FSCS). For more details, please contact us or refer to their website: https://www.fscs.org.uk

Past performance is not a guide to future returns.