This is the 18th EIS fund that Calculus have launched. The fund will mostly invest in more established businesses, with demonstrable track records and strong management teams.
To invest in a portfolio of mature unquoted companies with growth potential to attain capital appreciation.
One of the longest standing managers in the VCT/EIS area, Calculus has a very experienced and stable team.
The target time to invest of 18 months is longer than many other EIS funds.
Write offs over the last couple of years have adversely affected their previously very good performance. An average realised 13% IRR is still credible.