About Leela Capital’s SEIS Fund
Leela Capital’s SEIS fund aims to back businesses that aid better performance, better ageing and better living under the 'Science of Happiness' strategy. The Science of Happiness is based loosely on Aristotle’s ‘Eudaimonia’, which focuses on living well.
This is broken down into three key themes of investment
- Performing better
Sports / Athleticism, Injury Prevention and Recovery, Health Education Tech & Personal and Professional Wellbeing.
- Aging better
Health, Wellness and Longevity, Bio Science & Health Tech, Supplement Innovation & Chronic Pain and Inflammation.
- Living better
Mental Health, Communities and Lifestyle, Neuro Degeneration & Consumer and Media.
The fund aims to invest in a minimum of four SEIS-qualifying funds. Leela will identify businesses which have traditional venture attributes, but also can evidence the opportunity to generate revenue within circa six months. They measure the probability of this through our in-house methodologies, with the underlying goal of seeking businesses that can deliver performance above and beyond the new market standard metrics required by the investor community, and have the ability to attract buyers for an exit.
The Leela SEIS fund is structured so that 100% of the investment subscription is invested into the Investee Companies to maximise the tax benefits for the Investor, with initial investment fees and annual management fees paid by the Investee Companies in the Fund.
Summary
Fund Manager: | Sapphire Capital Partners |
Tax Efficiency: | SEIS |
Sector Focus: | Health, Longevity, Wellness, Tech, Environmental & Sustainability |
Stage Focus: | Seed |
Target Portfolio Size: | 4+ companies |
Minimum Subscription: | £10,000 |
Closing Date: | Currently closed |
Website: | Learn more about Leela Capital SEIS Fund |
Pros & Cons
Pro: Tax reliefs, unique sector focuses.
Con: Portfolio concentration, no direct fund track record as of yet.
Fees
Full initial fee: | 5% |
Annual management fee: | 2% |
Annual custodian fee | 1% |
Dealing fee: | nil |
Performance fee: | 20% |
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 who have an average IRR of 42%. Our model is based on our proprietary analysis of the UK startup market, which showed that on average, the market grows by 28% each year. With large portfolios, and a large network of angels providing access to the best deals, earlier, we aim to replicate that annual growth for our investors while mitigating risk. This 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.