About the British Design Fund
The British Design Fund – managed by Sapphire Capital Partners – invests in product design and manufacturing companies that are EIS or SEIS eligble. Its team has extensive experience in design and manufacturing and draws on close relationships with industry experts and design institutions such as the Royal College of Art and the Design Council to provide mentoring services to investee companies.
Summary
| Fund Manager: | Sapphire Capital Partners |
| Tax Efficiency: | EIS/SEIS |
| Sector Focus: | Multi sector |
| Stage Focus: | Early-stage |
| Target Portfolio Size: | 8-10 companies |
| Minimum Subscription: | £20,000 |
| Closing Date: | Currently closed |
| Website: | Learn more about the British Design Fund |
Fees
| Full initial fee: | nil |
| Annual management fee: | nil |
| Administration fee | nil |
| Dealing fee: | nil |
| Performance fee: | 20-25% |
Investee company fees
| Initial fee: | 5% |
| Annual fee | 4% |
Pros & Cons
Pro: Access to industry experts.
Con: Portfolio concentration.
How does SyndicateRoom's Access EIS Fund compare?
By comparison, SyndicateRoom's Access EIS fund builds investors a large portfolio of 50+ companies across all sectors, co-investing with experienced angel investors (average IRR of 42%). Because venture capital returns follow a power law distribution (see our report on this), it is better to try and build large portfolios of quality companies, rather than trying to pick a small group, because startups have a high likelihood of failure regardless of their potential. With a larger portfolio, each individual failure represents a smaller percentage of your overall holding.
Our model is based on our proprietary analysis of the UK startup market which showed that, on average, the market as a whole grows by 28% each year. It's not possible to invest in the entire market, but with large portfolios and access to the most promising deals, investors can optimise their return potential (see our white paper).
We gain access to the most promising new startups by co-investing with the UK's most successful angel investors, who meet our strict performance and sector expertise criteria, while providing access to new businesses at very early stages and on exactly the same terms.
Our data-driven approach aims to work around the limitations of a single fund manager attempting to pick winners.
Our minimum investment is £5,000.
| Fund Manager: | SyndicateRoom |
| Tax Efficiency: | EIS |
| Sector Focus: | Sector Agnostic |
| Stage Focus: | Early-stage |
| Target Portfolio Size: | 50+ companies |
| Minimum Subscription: | £5,000 |
| Closing Date: | Evergreen |
| Website: | Learn more about the Access EIS Fund |
Are you the fund manager? Email [email protected] with any comments or amends.