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Enhanced Company Profiles | Octopus Investments


  • By Jason Stockwell

Phone: 0800 316 2295
Email: clientrelations@octopusinvestments.com
Website: octopusinvestments.com


Company Overview

When Octopus was founded in 2000, we wanted to build an investment company that put its customers first, by solving real-life issues. We also wanted to be fully accountable, honest and upfront about how we manage investors’ money. Today, Octopus is an award-winning, fast-growing UK fund management business with leading positions in tax-efficient investments, smaller company financing, renewable energy and healthcare. We manage more than £8.3bn in assets for private investors and institutions. And we’ll never stop trying to change the world of investments for the better, with simple, jargon-free products that do what they say they will. Since launching our first Venture Capital Trusts (VCT) in 2002, we’ve become the UK’s largest VCT manager, with more than £975m invested on behalf of over 28,000 investors. It’s worth mentioning that some of the world’s most innovative high-profile technology companies, such as Google, Microsoft and Amazon, have acquired businesses which have benefited from VCT funding.

Key Personnel Or Fund Manager

Paul Latham, Managing Director, Octopus Investments

Paul Latham joined in 2005 and is Managing Director of Octopus Investments. He is part of the Executive Committee for the Octopus Group and spends much of his time focussed on the tax efficient investments (IHT, VCT, EIS). He is also the CEO of Fern Trading Ltd, the largest operator of commercial solar in the UK and the country’s leading bridge financier. Prior to Octopus Paul had an extensive general management and internal consulting career stretching over 30 years in multiple organisations, the most recent of which have included: Brakes, CapitalOne, NatWest and Kingfisher.

Jo Oliver, Director, Octopus Ventures

Jo became an Octopus Venture Partner in 2005. Having run several businesses of his own, from publishing surf books to property development, and having made numerous angel investments, including many as Venture Partner, Jo joined as a director in the Octopus Ventures team in May 2009. He is involved in the team’s investment process, portfolio management and fundraising activity, as well as sitting on a number of the boards of investee companies in the portfolio, including Amplience, Currency Fair, Iovox, Property Partner and SwiftKey, which was acquired by Microsoft in 2016.

USPs

  • One of the largest Venture capital teams in Europe with over 150 years of combined experience
  • Established and diversified portfolio of around 65 early stage companies across a wide variety of industries
  • The team is bolstered by the Venture Partners, a group of entrepreneurs and business experts who offer best-in-class expertise in areas such as CEO leadership, sales and international expansion that can make a significant difference for companies
  • Octopus Ventures have offices in New York and Singapore to support with internalisation of investee companies
  • Octopus Titan VCT is the only VCT to offer investment through an ISA wrapper
  • VCT tax benefits: 30% income tax relief on initial investment of up to £200,000, tax-free growth and tax-free dividends
  • Octopus is the only manager to facilitate initial and ongoing client agreed adviser remuneration

    Investment Strategy

    With net assets of £615 million at 30 August 2018, Octopus Titan VCT plc is the UK’s largest VCT. Octopus Titan VCT invests in tech-enabled businesses with high growth potential. Managed by Octopus Ventures, one of the largest venture capital investment teams in Europe, it currently has a portfolio of more than 65 early stage companies operating in a diverse range of sectors.

    Over the last decade we’ve backed some of the UK’s most successful entrepreneurs, including the founders of Zoopla Property Group, Secret Escapes and graze.com.

    It targets high levels of capital growth through investing in early stage companies. However rather than increasing the value of its shares it aims to return investment performance to shareholders as tax-free dividends, and targets a dividend of 5p per annum, plus special dividends if portfolio companies are sold at a significant profit.

    Open Offer

    Octopus Titan VCT

    Octopus Titan VCT is open for investment through a new share offer of up to £120 million. This offer opened on 13 September 2018 and will close on 12 September 2019 unless it reaches capacity at an earlier date. This money will be used to make further investments into established and developing portfolio companies, as well as selectively funding investments into new companies.

    Key risks

    • The value of an investment in Octopus Titan VCT, and any income from it, can fall as well as rise and investors may not get back the full amount invested.
    • Tax reliefs depend on individual circumstances and may change in the future. Tax reliefs also depend on the VCT maintaining its VCT-qualifying status.
    • VCT shares could fall or rise in value more than other shares listed on the main market of the London Stock Exchange. They may also be harder to sell.

    Please be aware that this advertisement is not a prospectus, and investors should only subscribe for shares based on information in the prospectus or Key Information Document (KID), which can be obtained from octopusinvestments.com/titan. Issued by Octopus Investments Limited, which is authorised and regulated by the Financial Conduct Authority. Registered office: 33 Holborn, London EC1N 2HT. Registered in England and Wales No. 03942880. We record telephone calls. Issued: September 2018. CAM07411-1809

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