Thu, Jan 18, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Allenbridge approves three new funds for Kuber Ventures' platform

Wednesday, February 27, 2013
Opalesque Industry Update - Kuber Ventures announces that three new managers have been approved by independent due diligence partner, Allenbridge, for its platform. The new additions bring the total number introduced in the first quarter of this year to nine, demonstrating the significant growth and interest in both Kuber Ventures and EIS investments as a whole.

The three new portfolios offer investors a complementary range of industry sector and strategy. The portfolios include Seneca Partners, Boundary Capital, and the AD (Anaerobic Digestion) Renewable Energy Fund.

Boundary Capital introduces an element of Seed EIS (SEIS) onto the platform, providing an EIS/SEIS hybrid approach for investors and a compelling alternative to pure seed funds. In addition, Seneca Partners focuses on businesses in the SME heartlands of Manchester, Birmingham and Leeds, while AD concentrates in small scale, anaerobic digestion plants which benefit from attractive government incentives.

As a result of the new additions Kuber Ventures, which is the industry’s first means of comparing, reporting and investing in EIS portfolios, has also been able to diversify and develop its offering through the introduction of model portfolios for investors.

Dermot Campbell, Managing Partner at Kuber Ventures comments: “We have seen exceptional growth in the first quarter of this year despite uncertainty in the industry over whether or not the FSA will classify EIS products under the Unregulated Collective Investment Scheme.

“While we intend to add more portfolios to the platform over the coming months, we will provisionally be capping the number of entrants despite high demand, so that we can ensure not only the best quality of portfolios but also to maintain an efficient reporting system.”

Press release bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. U.S. economy, inflation and alternative investments to dominate 2018 markets, says family office Wilmington Trust[more]

    Komfie Manalo, Opalesque Asia: The emergence of a late-cycle economy in the U.S., the mystery of inflation and growth from a domestic and global perspective, and the potential for alternative investments to prosper against a backdrop of rich valuations, low yields, and higher volatility are the t

  2. Performance - Some hedge funds deliver double-digit gains for 2017, Brevan Howard's hedge fund suffers biggest annual loss in 2017, Crispin Odey's flagship hedge fund plummeted about 20% in 2017, Profits fall 90% at ex-Morgan Stanley banker's hedge fund, Fannie-Freddie overhaul might mint hedge fund riches, losses[more]

    Some hedge funds deliver double-digit gains for 2017 From Reuters/Investing.com: A handful of hedge funds ended 2017 with double digit returns, their investors said, at a time the $3 trillion industry took in fresh money and posted its best returns in years, industry data show. Act

  3. Investing - Hedge funds start 2018 with record $19 billion bet on the euro, Hedge fund Kora Management invests in Satin Creditcare[more]

    Hedge funds start 2018 with record $19 billion bet on the euro From Reuters.com: Hedge funds have kicked off 2018 with their biggest bet ever on the euro rising, a clear vote of confidence in the single currency but, with positioning so stretched, one which could backfire in the near ter

  4. News Briefs - Mobius to retire from Franklin Templeton, Authorities decrypt smart phone of Princeton grad charged with killing Manhattan hedge fund dad, Investigators seize (more) antiques from hedge-fund billionaire Michael Steinhardt's collection[more]

    Mobius to retire from Franklin Templeton Emerging markets pioneer Mark Mobius will be stepping down as executive chairman of the Templeton Emerging Markets Group (TEMG) and formally retire from Franklin Templeton on 31 January. He will also be relinquishing his post as portfolio manager

  5. Comment - Seeding arrangements: Structure, approach, and the current market[more]

    From international law firm K&L Gates: Private fund growth has exploded over the last several years. While some areas are hotter than others, overall the industry has seen substantial growth. Existing managers have been able to launch larger funds and new managers have been able to successfully ente