The Amberside Incrementum EIS Fund Launches
24 September 2019 Amberside Capital have launched the Amberside Incrementum EIS Fund, adding to the Amberside Scientific EIS Fund and Amberside Knowledge Intensive EIS Fund launched earlier this year.
The fund focuses on businesses which are established and are looking for capital to either make a step change in their growth or to branch out into new complementary markets. The fund is managed by Amberside Capital which is advised by CH1 Investment Partners LLP.
Initial investors in the fund will be invested in four investee companies, all EIS qualifying. These include an innovative gin brand, a disruptive self storage company, an “altnet” providing high speed broadband to rural properties and one of the UK’s leading providers of teamwear to the higher education and independent school sectors.
“This fund is focusing on finding companies which have already demonstrated demand for their product or service in their marketplace and are now looking for additional capital to make a step change in their growth or move into a new complementary market. Hence, we have named the fund ‘Incrementum’. The outstanding EIS investment propositions will be taken to the fund’s investment committee to approve for our investors to participate in through this fund.” David Scrivens, Amberside Capital.