Why invest in us?
The Highgate Tech Fund Team is a group of successful technology entrepreneurs who have founded and grown many tech businesses
- We charge no fees to investors, 100% of your cash is invested
- We are business builders with a track record of exits via M&A and IPO's
- We are here to invest and actively participate in exciting companies, helping them to grow and prosper
- We are here to offer you a diversified portfolio of tech companies, aiming to provide you with a greater return
- We are investing our own cash in this fund
Please download our brochure today and find out how you can both gain significant tax benefits under the EIS scheme and participate in investing in the sector which we believe is leading Britain out of the recession.
Highgate Tech Fund LLP is a member of the EIS Association
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The Fund Summary
The following summary should be read in conjunction with the full text of this website from which it is derived including in particular the section headed Risk Factors.
The Highgate Tech Fund 2
The Highgate Tech Fund 2 is a tax efficient fund issued under the Enterprise Investment Scheme which offers significant advantageous tax benefits to private individuals making investments into qualifying British companies. This is the second Highgate Tech Fund, the first having closed successfully in October 2010 - only 7 months after its inaugural launch. Like Fund 1, this Fund specifically takes advantage of innovative, disruptive, state of the art technologies that are coming to the market place at an extraordinarily rapid pace. Tech, and in particular software investments that are available, afford many opportunities for Fund 2. The markets that we believe are very attractive continue to be SaaS, mobile telecoms, applications for smart phones, social media and internet/web based products and services.
This second Fund follows the successful launch of Fund 1 which was backed by a specific group of investors and managements’ own capital pool. We are continuing our unconventional charging structure, i.e. we believe that our rewards should be in line with the successful delivery of results to Investors. This Investor Fee Free Fund is targeted at the Hi-tech sector of the UK economy, where opportunities abound and fast moving technology developments provide accelerated growth potential for those investors swift and experienced enough to make good investment decisions quickly and get invested at the right stage of these companies’ development.
The Highgate Tech Fund 2 has unique features and, unlike many EIS funds, is not a fee-charging machine!
Key features are:
- Fees: The Highgate Tech Fund 2 does not charge investors at all.
- 100% of the investment is put to work maximizing the investor’s tax claim (rather than netting off the fund costs and VAT), and earning potential.
- The Fund Management takes no profit until 6% annualized has been returned to investors. Highgate have to deliver in order to earn themselves.
- Fund management take no salaries.
Although open to any investors who satisfy the necessary UK regulations, the Fund is specifically targeted towards professionals and individuals who are comfortable with their overall investment portfolio and seek to mitigate significant tax liabilities.
Fund 2 is also advised by Enterprise Corporate Finance Limited, whose management team have 20+ years of successful track records in investing, managing and realising the proceeds from EIS Investments. Enterprise works closely with Highgate Associates, which has been involved and has much expertise in working with EIS companies and early stage technology businesses in the UK, Europe and the USA.
The Fund takes full advantage of EIS tax breaks, which includes 30% upfront relief against income tax; unlimited CGT deferral at the new higher rate of 28%; complete CGT freedom for investments held for 3 years; Inheritance Tax Freedom after 2 years, potentially sheltering 40%, and downside protection limiting exposure to 35 pence in the pound for a higher rate tax payer. Whilst the reliefs depend on personal circumstances, they can be combined, for example, deferring indefinitely an unlimited 3 year old CGT liability which disappears on death thereby allowing the investment and gain to be passed to dependants free of the 40% IHT charge.