Bringing you live news and features since 2006 

Mercia launches hybrid SEIS/EIS fund


Mercia Fund Management has launched the Mercia Growth Fund, capitalising on the recent introduction of Seed EIS (SEIS) and the marked enhancements to EIS in the Finance Act.

Mercia Fund Management believes a hybrid fund will provide investors with a combination of maximised tax efficiency and the flexibility to invest in either EIS or SEIS from the same fund.

Through its first fund, Mercia Fund 1, the firm has established strong partnerships with eight universities (including the Universities of Warwick and Birmingham) gaining access to proprietary investment opportunities with protectable intellectual property.

At least 50 per cent of the prospective Mercia Growth Fund investments are already known to the management team.

Mark Payton, managing director of Mercia Fund Management, says: “Mercia Growth Fund is perfectly positioned to help high earners seeking tax efficient investments. We see our new hybrid fund building on the successes of Mercia Funds 1 and 2 which have collectively invested in excess of GBP9m and leveraged additional funding of circa GBP50m in 34 businesses to date.”

The Mercia Growth Fund closes on 31 October 2012, but may close sooner if the investment target is reached.

Latest News

Raymond James Investment Management plans to launch an ETF product platform in 2025 to support strong client demand in alignment..
Aniket Ullal, Director of ETF Data and Research at CFRA Research, has written a note looking at ETFs with exposure..
Tradeweb reports the following data derived from trading activity on the Tradeweb Markets institutional European- and US-listed ETF platforms...
iShares writes that its assets under management have reached USD4 trillion. The firm says this comes off the back of..

Related Articles

Scott Kefer, VictoryEx Capital Holdings
Bailey McCann writes that active ETFs are capturing investor interest, according to the latest data from Morningstar, which finds that...
Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by