Green Angel Syndicate launches the EIS Climate Change Fund
Green Angel Syndicate, the UK’s angel syndicate specialising in the fight against climate change and global warming, has just launched the GAS Climate Change Fund, for EIS and SEIS investors.
Drawing upon Green Angel Syndicate’s expert specialisation, the GAS Climate Change Fund will invest exclusively in early stage companies which contribute to the fight against climate change, and which can generate positive investment returns from doing so.
For investors, this is an opportunity to diversify their unquoted investment portfolio; to spread the risk across 10-15+ investments over a year; to benefit from SEIS or EIS tax relief (); and to enable their money to make a return for themselves at the same time as making a return for the environment. See Risk disclaimer below.
Since 2017, GAS has invested in 24 companies, building a diversified portfolio of innovative businesses across a variety of sectors. Collectively, these companies are already having a large and rapidly growing impact on greenhouse gas emissions (). The launch of the fund will enable to increase the amounts of money that are put to work into such innovative companies tackling climate change – accelerating their impact in cutting harmful emissions.
Nick Lyth, CEO of Green Angel Syndicate, said: “Climate change is a threat to all of us. Untold damage is already being done, with global warming of only 1°C. As temperatures continue to rise and feedback loops accelerate, these disasters will get worse. It is easy to see what we can do about climate change: stop putting carbon dioxide into the atmosphere. But it is difficult to do: we need to change how we live our daily lives, the way we heat ourselves, the way we travel, clothe ourselves and consume food – and we need grassroots entrepreneurial innovation and investment in order to achieve that.”
Antoine Pradayrol, Chief Investment Officer, said: “The complete transformation of all sectors of the economy that is required to tackle global warming represents a massive collective challenge, but also an enormous opportunity. A growing number of early stage companies are rising to the challenge and developing innovative solutions. By investing in the GAS Climate Change Fund, you will support the growth of these companies – enabling your money to make a return for you at the same time as helping safeguard our common future on the planet.”
Green Angel Syndicate’s remit includes cutting greenhouse gas emissions, absorbing carbon dioxide, and preserving or rehabilitating the natural environment. The Fund will look at all relevant sectors including, but not limited to, energy, transportation, buildings, agriculture, food and industry. It will do that in the simplest possible way, by co-investing in every deal that GAS Angel Syndicate members will make during its investment period. For more information, please visit www.climatechangefund.co.uk
Risk disclaimer – Investment in early-stage companies involves risks such as illiquidity, lack of dividends, loss of investment and dilution. Even when diversified within a fund, investing in early stage companies carries a higher risk than investing in more established companies. Investment in EIS and SEIS funds should be considered as part of a diversified portfolio.
Background information on Green Angel Syndicate
Since 2017, GAS has developed a unique strategic model in early stage investment in the fight against climate change, combining: a deep specialist knowledge in the relevant fields; diversification across a variety of sectors and business models; high standards in deal selection and due diligence, helped by the experience and expertise of GAS members at every stage; and active post-investment involvement to make a meaningful contribution to the growth of our portfolio companies.
So far, GAS has invested in 24 different businesses, building a widely diversified portfolio: eight investments in energy-related startups, four in industry & recycling, four in ecosystems regeneration, three in each of the transport and agriculture & food sectors, and two in energy efficiency for buildings.
Every single one of these portfolio companies is developing a product or service that helps reduce greenhouse gas emissions or safeguard the natural environment – that is GAS’s purpose. Their impact may stem from enabling the displacement of CO2-emitting activities, from delivering services in more resource-efficient ways, or from helping regenerate natural ecosystems. GAS estimates that since the beginning of 2018, the total quantity of CO2e that has been avoided thanks to its portfolio companies has passed 10,000 tonnes. This is still a small number – it equates to taking approximately 3,500 cars off the road for a year – but it is growing rapidly (+88% in the past six months).
Disclaimer
Green Angel Syndicate 2 Ltd is an appointed representative of SFC Capital Partners Ltd which is authorised and regulated by the Financial Conduct Authority (‘FCA’) in the United Kingdom (FRN 736284). This website is intended for professional investors only; any reproduction of this information, in whole, or part, is prohibited. The content is for information purposes only and should not be used or considered as an offer or solicitation to purchase or sell any securities.
Investment in early-stage companies involves risks such as illiquidity, lack of dividends, loss of investment and dilution. Investment in SEIS/EIS eligible companies should be considered as part of a diversified portfolio. The availability of tax relief depends on individual circumstances and may change in the future. The availability of tax relief depends on the company invested in maintaining its SEIS/EIS qualifying status. There is no assurance that the investment objectives of any investment opportunity will be achieved or that the strategies and methods described herein will be successful. The investment products cited herein may place capital at risk and therefore investors may not get back the full amount invested. Past performance is not necessarily a guide to future performance and the value of an investment may go down as well as up. Investors may not get back the full amount invested. Companies’ pitches for investment are not offers to the public and investments can only be made by members of Green Angel Syndicate 2 Ltd or SFC Capital Partners Ltd. Green Angel Syndicate 2 Ltd takes no responsibility for this information or for any recommendations or opinions made by the companies. Neither Green Angel Syndicate 2 Ltd nor any of its employees provide any financial or tax advice in relation to the investments and investors are recommended to seek independent financial and tax advice before committing. This website is not directed at or intended for publication or distribution to any person (natural or legal) in any jurisdiction where doing so would result in contravention of any applicable laws or regulations. No warranties or representations of any kind are expressed or implied herein. This material is confidential and is the property of Green Angel Syndicate 2 Ltd.
