Test Case Study

Launching Multiple Funds: The Sapphire & Vala Story

Written by Boyd Carson | Aug 20, 2026, 9:42:07 AM

Fund Type

EIS Venture Capital Funds

Challenge

Vala Capital needed to partner with an FCA-authorised Investment Manager to facilitate the launch of its EIS funds. Since 2018, five distinct funds have been successfully established and launched. Sapphire continues to manage the funds.

Results

Sapphire provided the solution in our role as the FCA-authorised fund manager. Vala Capital became an Appointed Representative ("AR") of Sapphire in November 2018. As an AR, Vala Capital has advised Sapphire on the investments in the various funds.

Key Products

  • Better Ventures EIS
  • One Four Nine Wealth Sustainable Growth EIS
  • UK Challenger Fund
  • Vala Self Select EIS
  • Vala Sustainable Growth EIS