Michael Whitfield, Velocity Capital Advisors Limited
Velocity Capital Advisors Limited was set up as a vehicle to facilitate participation in exciting, young companies, which have technology at the core of their offering. We look to work with companies that are innovative, can scale quickly and provide a product or service that is genuinely useful to their customers, whether B2C or B2B.
The Investment Consultant believes that the UK Consumer Technology Market currently offers attractive EIS investment opportunities and it will source opportunities to allow the Funds to invest in companies that, in the Investment Consultant’s opinion, meet the following criteria:
Key Individuals - Raj Saxena has founded a series of successful entrepreneurial businesses across a range of industries. These include MPPI, an Indian media fund, raising money and managing Indian property ventures, a 200mw wind farm development near Istanbul and Soho House Mumbai, a franchise business launching the Soho House brand in Mumbai.
Bil Bungay co-founded Beattie McGuiness Bungay (BMB), an advertising agency that went on to become one of the fastest-growing agencies and considered one of the most creative advertising and marketing agencies of the decade. His entrepreneurial spirit, combined with almost 30 years of creative and marketing experience, has helped him bring many ideas to fruition, for example, Purple Bricks, and mentoring numerous early-stage businesses.
Raj and Bill are supported by a team of experienced investment professionals with backgrounds in venture capital, private equity and entrepreneurship.
High / Adventurous
Technology enabled businesses
2.5x return after five years
Not a reliable indicator of future income.
CURRENT STATUS - OPEN
Open to new investors. The fund closes 31 March 2019. The minimum investment is £25,000.
Velocity Capital Advisors Limited will provide investment consultancy services to Sapphire, including identifying, monitoring and seeking exit opportunities in respect of Investee Companies. The Investment Consultant brings together a management team with an entrepreneurial track record and experience across the business spectrum; including finance, venture capital, marketing and law.
The Investment Consultant aims to appraise potential investments not just for the traditional business qualities of strong management, robust operations and risk management, but also for dynamic attributes that flourish in the digital economy and technology environment, namely: innovation, scalability, agility and speed to market. The Investment Consultant will present to the Investment Manager opportunities to invest in start–up and early stage businesses that exhibit these characteristics.
In addition to raising capital through the Fund, the Investment Consultant intends to offer a number of support services to Investee Companies. These include board representation, mentoring, and assistance in forming strategic, commercial or academic partnerships. The Investment Consultant believes that facilitating affordable and comprehensive business support will help attract the best investment opportunities, and offer the Investee Companies the greatest opportunity to succeed.
Journee through a 15-minute questionnaire personally tailors travel experiences for their customers.
Red Rickshaw is the UK’s largest online Asian grocer, offering produce and spices sourced from all over the world.
|Full initial charge||0%|
|Annual management charge||0%|
|Annual management charge||2%|
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.