Fri, Mar 6, 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. SkyBridge opens office in Palm Beach County[more]

    Where better for a southern location than South Florida? SkyBridge Capital, which is headquartered in New York, has opened an office in Palm Beach Gardens. Palm Beach Gardens is a "Signature City" in northern Palm Beach County, with a population of around 49,000.

  2. Outlook - Philippe Jordan predicts 'alternative beta' to displace hedge funds, Stan Druckenmiller says Europe, Japan stocks will outpace U.S.[more]

    Philippe Jordan predicts 'alternative beta' to displace hedge funds From Investordaily.com.au: The disappointing performance of hedge funds in recent years is a result of "too much money chasing too little alpha", argues Capital Fund Management. Speaking to InvestorDaily, CFM partner Phi

  3. Patrick McCormack to shut down hedge fund Tiger Consumer[more]

    Komfie Manalo, Opalesque Asia: Patrick McCormack is shutting down his hedge fund Tiger Consumer Management after 15 years "to spend more time with his family," reported Reuters. Tiger Consumer ended February up 4.6% (+3.9% YTD) and assets roughly $1.4bn, reported

  4. Investing - As rig count falls, hedge funds pile into long crude futures, Parus tactically shifts long/short exposure ratios, Mario Draghi outflanking Kuroda as bearish euro bets surge, Prime Capital’s 500.com bet derailed after 41% drop[more]

    As rig count falls, hedge funds pile into long crude futures From 247wallst.com: In the week ended February 27, the total number of rigs drilling for oil in the United States came in at 986, compared with 1,019 in the prior week and 1,430 a year ago. Including 281 other rigs mostly drill

  5. Outlook - 5 reasons why 2015 is looking like a breakout year for alternative investments, Hedge fund manager Dan Loeb predicts disappointment for funds seeking energy distress[more]

    5 reasons why 2015 is looking like a breakout year for alternative investments From Forbes.com: …After a strong 2014, the public markets have been off to a choppy start in 2015. This year, savvy investors may be looking for alpha elsewhere. For many institutions and high-net-worth indivi