Braveheart Investment Group has unveiled a growth fund primarily held in technology companies, Fund Strategy reports. The Viking Growth fund, which will invest in at least five companies over a two-year timeframe, will seek exits in three to five years, with the fund being wound up after five years.
The fund, whose investments will be made alongside other private or public sector funds managed by Braveheart, will aim to have a balanced portfolio, with exposure to various industry sectors and stages of company development. The fund will be beneficial for U.K. investors, which will be able to take advantage of the favorable tax treatments associated with the Enterprise Investment Scheme regime.
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