Update on Jenson SEIS Fund

Having reached our minimum raise we are commencing deployment of the first tranche of our SEIS Fund and would like to advise that we remain open for investment in the 2019/20 tax year. We will be sharing news of our new investments in due course.

Why do we tranche our SEIS Fund?

As an experienced SEIS Fund Manager we are aware of the last minute issues that can arise when deploying capital into new companies, this can be varied and mainly minor issues, but we like to ensure they can be ironed out in time.

• We prefer to deploy our first round of investment in advance of the tax year end to ensure we meet the deadlines for carry-back relief.
• If we have already transferred investment into a company we are satisfied that there shouldn’t be any hiccups for a speedy second round deployment in the days running up to 5th April.

As already mentioned our Evergreen SEIS & EIS Funds remain open for investment.  Our EIS fund will be deploying before the tax year end to allow for carry-back relief and we are planning a second tranche SEIS deployment before the end of the tax year.