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The Invicta Media EIS Fund
What makes the Invicta Media EIS different?
The Invicta Media EIS uses the depth of experience and knowledge of the Invicta team within the media sector. The changes to EIS legislation mean investors now need to take on significant risk in order to obtain the generous tax reliefs on offer; meaning that sector knowledge and experience in assessing investee companies is more crucial than ever before.
Through our knowledge and experience, we have already identified a number of potential investee companies, all of which are revenue generating, and backed by highly regarded management teams with extensive track records within the media sector.
STORY FIRST - A CASE STUDY EXAMPLE
The team behind Story First are hugely experienced in their respective fields.
Story First specialism is in the production of high-quality dramas, specifically to take advantage of the burgeoning spend of broadcasters on such content, as they try to keep pace with the spending of online viewing platforms of Netflix and Amazon Prime to win over audiences.
StoryFirst have already produced the highly acclaimed BBC adaptation of Ian McEwan’s novel, A Child in Time, starring Kelly MacDonald and Benedict Cumberbatch, and have 25 other projects in production or development. StoryFirst also has a first-look agreement with RiffRaff Entertainment, Jude Law's production company and have retained William Morris Endeavour (WME) to represent them in the United States and give them access to top level talent and international sales capability.
THE CHILD IN TIME
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90-minute drama, premiered on BBC1 in September 2017 to critical acclaim
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Based on one of Ian McEwan’s major early works, which won the Whitbread Novel Award in 1987
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Adapted by Stephen Butchard (‘The Last Kingdom’, ‘Five Daughters’), directed by Julian Farino (‘Marvellous’, ‘Entourage’)
JORDSKOTT
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The second series of the award winning and critically acclaimed Swedish series
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A crime thriller that delves into the supernatural elements of Nordic folklore
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The first season was a commercial success internationally and sold in 50 countries
THE TEAM OF STORY FIRST CONSISTS OF:
Lord Grade: Former Controller of the BBC, CEO of Channel 4 and Executive Chairman of ITV, who has been responsible for some of the most loved television series of the past 30 years.
Ivan Dunleavy: Former CEO of Pinewood Studios
Peter Gerwe: Born in California and started off his career with Steve Wosniak. He founded, built and exited CTC Media, a NASDAQ listed company and leading independent broadcaster in Russia.
Helen Gregory: Award winning producer of drama and comedy for BBC, ITV, C4 and Sky. Has worked with Julian Fellows (Downton Abbey), Richard Cotton (Wallander) and Matthew Graham (Life on Mars).
Christian Wikander: Over 30 years experience in creating and producing some of Sweden and Norway’s most popular series including The Bridge (sold in 60 territories) and Real Humans (sold in 40 territories).
KEY FUND DETAILS:
Exit / Holding Period
Exits are likely to be a trade sale to a competitor or market counterparty. Investor should look at an investment in the Invicta Media EIS with a 4-6 year time scale.
Close Dates
First closing date of 1st April 2019
Target Return
The Invicta Media EIS is targeting companies which show the potential for a 2x return on initial investment
Liquidity
Non-liquid. Investors will receive returns upon exit of the investee companies
Diversification
Across at least 2 companies per investment in the Fund
Minimum Subscription
£25,000
Adviser Charges
Adviser charges can be facilitated through this service
DOCUMENTATION:
Investment
Summary
Information
Memorandum
Application Form
Key Investor Information Document
(KIID)
CHARGES:
Initial / Promoter's Fee
3%
Annual Management Fee
1.7% per annum
Third Party Costs
Variable
Fund Manager's Fee
0.3% per annum
Performance Fee
20% of return above £1.10
CONTACT:
Invicta Capital Limited
33 St James's Square
London
SW1Y 4JS
020 7661 9376
RISK WARNING:
Please read the Information Memorandum for the Fund carefully, specifically the Risk Factors set out on pages 27 to 30, before considering your investment decision. Potential Investors are recommended to seek independent financial and tax advice before investing. Please note that neither the Manager nor Invicta are able to provide you with advice about whether you should invest in the fund.
Prospective Investors should note that past performance is not necessarily a guide indication of future performance. The value of an investment can fall as well as rise and Investors may not get back the amount originally invested. Taxation levels, bases and reliefs may change if the law changes and the tax benefits of products will vary according to your personal circumstances.
Invicta Capital Limited is authorised and regulated by the Financial Conduct Authority. The products and services described on this site are intended for UK residents only. Registered in England and Wales No: 04167587. Principal Office: 33 St James’s Square, London, SW1Y 4JS