Arrive Fund Overview
The Arrive UK Emerging Markets Tech EIS & SEIS Fund is RLC Ventures’ third fund. Focused at the pre-seed and seed stage, it will back exceptional founders headquartered in the UK, and looks for them to possess an emerging market footprint.
The Arrive fund will invest across four main verticals; Fintech, AI, Enterprise, and Gaming. The RLC Ventures team has over 50 years combined investment experience, and have collectively managed over $5bn AUM across the UK and emerging markets.
Prior to applying to invest, please ensure you have read all the information below, and downloaded our Investment Memorandum.
For further information on the SEIS and EIS scheme see our guide here.
The below table is a summary of the Arrive Fund’s key information:
|Portfolio Size||10-15 companies|
|Target fund return||2.6x|
The below table is a comparison of SEIS and EIS funds features and the associated tax benefits:
|Tax Efficient Comparison Table||SEIS||EIS|
|Current Investment Limits||£100,000||£1,000,000|
|Capital Gains Deferral||n/a||Up to 20%|
|Income Tax Relief||50%||30%|
|Min. Holding Period||2 years for IHT
3 years for SEIS
|2 years for IHT
3 years for EIS
|IHT Free||After 2 years||After 2 years|
|Tax Free Exit||Yes, after 3 years||No|
|Carry Back Facility||Yes||Yes|
|Business Relief||100% after 2 years||100% after 2 years|
The Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) are both designed to help smaller and typically higher-risk trading companies raise finance by offering a range of tax reliefs to investors who purchase new shares in these companies.
Investing in early-stage businesses is highly risky, and investors should be prepared for the eventually of no return of capital. Therefore, an Investor should only invest in the Fund if the Investor can withstand a total loss of their Paid in Capital.
Shares in unquoted companies are illiquid. This means you cannot withdraw your investment once committed. You will only receive proceeds if the underlying companies are successfully sold. Not all companies will be sold at all, or for a profit.
A MICAP review is an independant report undertaken by an in-house team of analyst. The reviews typically consist of a 20 to 25 page document that sets out the key areas that financial advisers should consider when looking to invest in a fund.
You can read RLC Ventures Arrive Fund full MICAP review here.