"Sapphire has consistently demonstrated professionalism, combining a strong work ethic with industry experience. Their disciplined approach and commitment to quality have set a high standard in venture capital management." Nick Clarke - Managing Partner @ Anotherway Ventures
“Sapphire has consistently demonstrated professionalism, combining a strong work ethic with industry expertise. Their disciplined approach and commitment to quality have set a high standard for venture capital management.”
NICK CLARKE - MANAGING PARTNER
"Working with Sapphire has always been a positive experience. Their team is friendly and approachable, with deep industry knowledge. Sapphire's guidance and hands-on support have been instrumental in successfully launching and managing the venture capital fund."
STUART FINLAYSON - PARTNER
In 2023, Anotherway Ventures was a new firm seeking to enter the SEIS/EIS venture capital market.
the real challenge
To successfully navigate the sector’s intricate regulatory landscape, the company required an experienced FCA-authorised investment manager. One with proven industry integrity, capable of ensuring a compliant, streamlined, and effective fund launch.
the solution
Sapphire was appointed to lead the launch of the Anotherway Ventures Fund, drawing on our extensive sector experience as a trusted investment fund manager. Leveraging our expertise and regulatory credentials, we oversaw the fund formation process, with the Anotherway Ventures Fund formally established in February 2023.
The fund’s mandate focused on three core categories of consumer-brand businesses: those launching a brand, scaling an existing brand, or re-positioning a brand for renewed market growth.
Anotherway's decision to partner with Sapphire was reinforced by our team’s expertise and understanding of the complexities surrounding SEIS and EIS structures. This enabled Anotherway to prioritise deal sourcing with confidence, secure in the knowledge that all regulatory and compliance obligations were expertly managed.
Throughout the fund launch, Sapphire has sought to ensure professional and operational standards. From documentation and regulatory filings to investor onboarding, we have managed the investment fund with attention to detail.
the results
The collaboration between Sapphire and Anotherway Ventures resulted in the successful establishment of the Anotherway Ventures Fund in early 2023, just one year after the firm’s inception. This achievement underscores how steadfast commitment, operational excellence, and aligned objectives can deliver timely and effective fund launches.
Through the combination of Sapphire's experience and Anotherway’s strength in consumer-brand development, the fund was launched successfully, targeting SEIS and EIS investment opportunities.
next steps
If you would like advice on how to set up an investment fund, such as a GP/LP fund or an EIS fund, or if you need an FCA-authorised operator and manager to manage the fund, or need pricing and options, contact us, and we will be in touch right away.
DISCLAIMER
Sapphire is authorised and regulated by the Financial Conduct Authority (FRN 565716). The case study above is illustrative only and does not represent investment performance or future outcomes, and the content on this webpage is intended solely to explain Sapphire’s fund-management and advisory services. Nothing on this page should be interpreted as a recommendation regarding any investment, fund, scheme or structure. Any person considering an investment should obtain independent financial, legal and tax advice.