Regardless of Brexit, these are exciting times for the EIS industry.
The sheer volume of opportunities is attracting more and more new funds to the market – and they are very welcome.
In most instances, although the fund might be new, the people involved are highly experienced and experts in their fields. Some have been investing in young companies for many years but are now offering a fund for the first time and are seeking support from the adviser market.
Hardman & Co’s New Entrant Network initiative has been created to smooth their path to market.
In this feature, we take the opportunity to showcase some of these new entrants and what they have to offer. We think you’ll be as impressed by their potential as we are.
Newable Eis Scale-Up Fund
The Newable EIS Scale-up Fund 3 seeks to leverage Newable’s unique corporate infrastructure to invest in knowledge intensive companies at the scale up stage. We target companies which have de-risked their technology, developed traction with customers and now seek funding to scale their commercial operations.
We specialise in Med-Tech, Automation, Spacetechnology and Electronics; these sectors provide particular opportunities created through the emergence of the fourth industrial revolution which is increasing productivity and efficiency across the globe.
Michael Walsh, Managing Director and Newable CFO – Mike provides strategic financial support across the business and previously managed over £300m of VC investment funds. Mike has worked for some 30 years in financial services and qualified as a CA from PWC.
Sanjeev Gordhan MBA, Commercial Director – Prior to joining Newable Sanjeev worked at Mattioli Woods as a Wealth Manager with a client book of circa £30million. Having been an advisor, Sanjeev understands the key priorities for IFAs and Wealth Managers and for this reason has been able to ensure Newable is well placed to provide investors with a best in class EIS investment opportunity.
Alex Sleigh, Investment Director – Responsible for overseeing investments across the Fund, having been involved in over 60 Investments since joining in 2011. MA (Hons) in Economics and Modern History from University of St. Andrews and Masters in General Management from Vlerick Leuven Ghent Management School, Belgium. ‘Investor in Residence’ at King’s College, London.
Established in 1982 Newable is a leading provider of business services to UK SMEs and start-ups to help them start, scale and internationalise. We provide businesses with a raft of products and services ensuring we not only invest capital but support those companies through their business journey.
For more information, contact Sanjeev Gordhan – 07850 915378 or at Sanjeev.firstname.lastname@example.org