Marcus Love, Love Ventures VC Limited
The Love Ventures Fund II (the "Fund") will invest in early-stage companies which are leveraging technology in a post-Covid world to accelerate their growth. We’re looking to partner with exceptional founders in the FinTech, PropTech and ConsumerTech sectors.
The Fund offers a unique opportunity to gain access to these fast-growing companies. The team is laser-focussed on finding these opportunities, often off-market, and uncovering the next gems of tomorrow. The team have a strong background of identifying visionary founders and helping bring them from seed stage up to series A. This is an identified funding gap in the UK market where we can add value and assist companies with their growth up to series A and beyond.
Key Individuals - Marcus Love has 14 years of experience as an FCA approved financial professional in London. He worked most recently at William O’Neil+Co, the US-headquartered equity research firm between 2011-2019. He successfully built an angel network that has invested in approximately 20 early-stage businesses during the last five years.
Marcus is supported by a team of experienced investment professionals with backgrounds in venture capital, private equity and entrepreneurship.
High / Adventurous. Capital at Risk.
2.72x return after seven years
Not a reliable indicator of future income.
CURRENT STATUS - OPEN
Open to new investors. The fund will close on the 31st of October 2021 (subject to the Investment Manager’s discretion to close at a later date).
The minimum investment is £25,000 (subject to the Investment Manager's discretion to accept smaller amounts).
The Fund is looking for ‘category creators’ in the FinTech, PropTech and ConsumerTech sectors. The Fund has a number of criteria that help us measure a company as a category creator. The criteria we look for are:
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|Initial Upfront Fee||3%|
|Annual Management Charge (payable up to a maximum of four years)||2%|
Note: Should an investor be introduced by the Angel Investment Network (AIN), the Initial Upfront Fee will be 5.6% of the amount raised via the Angel Investment Network (AIN).
Please check the fees section of the Information Memorandum for full details. All fees and charges are stated exclusive of VAT, which may be applicable in some cases. Any fees and charges payable by the investee companies or the underlying businesses do not directly come out of your investment. However, they will effectively reduce the returns generated by investee companies and therefore directly impact your investment.
To invest, you must be an eligible investor. To be an eligible investor, you must be qualifying as one or more of the following:
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.