Page 11 - Praetura EIS 2019 Fund Information Memorandum
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Praetura EIS 2019 Fund
The Praetura EIS 2019 Fund will provide investors with access to Approved
a unique selection of innovative growth companies that have an
established proof of concept and commercial viability. It is intended for EIS Fund
investors who want to achieve capital growth (rather than income) by
investing in early-stage, unquoted companies which have the potential
to increase in value significantly. Targeting return
of 2x capital
The Fund is EIS Approved by HMRC. Investors will be able to claim EIS
reliefs with a taxable date matching the date of Fund close. The Fund
Manager will invest at least 90% of the Fund in EIS qualifying companies Seeking to raise Investments will range from
within 12 months of that date. up to £15 million £1million to £3 million
Praetura invests on behalf of Investors whereby the Investors are the
beneficial owners of the shares in the Investee Companies. Each Investor
will have an account administered by our Nominee with the Nominee Targeting a portfolio
being the registered holder.
of 8-10 companies
The Fund is an alternative investment fund (AIF) for the purposes of the
Alternative Investment Fund Managers Directive (AIFMD). The Praetura
EIS 2019 Fund is not a distinct legal fund and is not considered to be a
collective investment scheme as defined in section 235 of the FS&MA.
The Fund Manager is authorised to act as a manager of AIFs.
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