Braveheart launches growth fund

Braveheart Investment Group, an Aim-listed specialist in unquoted technology investments, has launched a growth fund primarily held in technology companies.

The Viking Growth fund aims to have a balanced portfolio, with exposure to various industry sectors and stages of company development. Its investments are made alongside other private or public sector funds managed by Braveheart.

British investors in the fund will be able to take advantage of the favourable tax treatments associated with the Enterprise Investment Scheme (EIS) regime. (article continues below)

The fund will invest in at least five companies over a two-year timeframe.

Principally managed from an EIS perspective, the fund will seek exits in three to five years, with the fund being wound up after five years.

Investors will have a range of options for realising investments which are still active when the fund is wound up.