EIS-style portfolio by venture capital group

Professional Adviser
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A limited partnership fund has been launched by a consortium of venture capitalists, targeting in...

A limited partnership fund has been launched by a consortium of venture capitalists, targeting investments in unlisted enterprises. The Beer Enterprise fund is being run by Enterprise Private Capital (EPC) and Innvotec, along with business angels Beer & Partners. Richard Harris, EPC's chief executive and former CEO of Jardine Fleming Private Bank, will lead the investment team. 'UK taxpayers can take advantage of capital gains taper relief as the limited partnership structure is tax efficient,' said Harris. 'Investors are also able to take advantage of EIS tax benefits because when...

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