Fri, Aug 28, 2015
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. Commodities - Commodity hedge funds lose most in three years as rout deepens, Funds bet on Shell deal as oil prices plunge[more]

    Commodity hedge funds lose most in three years as rout deepens From Bloomberg.com: Hedge funds betting on commodities lost the most in almost three years in July as the price-rout deepened. Funds lost money for a third month, according to the Newedge Commodity Trading Index, which was re

  2. Investing - Hedge funds suddenly find real money is back in Argentina's debt, Elon Musk buys more SolarCity stock following hedge fund manager short, BlackRock plans to get into rental-home financing[more]

    Hedge funds suddenly find real money is back in Argentina's debt From Bloomberg.com: The real money is back in Argentina. Before the country’s default in July 2014 (its second in 13 years), most long-term investors abandoned its bond market. As they rushed out, Argentina became a favorit

  3. Activist News - Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping, Meet Europe's best activist investor[more]

    Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping From Businessinsider.com: Carl Icahn has picked his next target: Freeport-McMoRan. Icahn and a group of other investors have snapped up an 8.46% stake in mining company Freeport-McMoRan, according to a j

  4. North America - Hedge fund manager Ray Dalio’s challenge to the Fed[more]

    From Newyorker.com: For some reason, Janet Yellen, the chair of the Federal Reserve, decided to skip this year’s annual Fed conference in Jackson Hole, where monetary policymakers from the United States and abroad get together with some prominent academics to discuss the big issues of the moment. Th

  5. JTC acquires Kleinwort Benson’s fund administration business[more]

    Bailey McCann, Opalesque New York: JTC has completed the acquisition of Kleinwort Benson’s fund administration business, boosting assets under administration (AuA) to $56 billion. Kleinwort Benson is based in the Channel Islands, South Africa. The transaction, which relates to the whole of K

 

banner