Braveheart Investment Group plc was formed in 1997 and has been quoted on the Alternative Investment Market (AIM: BRH.L) of the London Stock Exchange since 2007. Headquartered in Perth, Scotland, it also has offices in Yorkshire.
The Group has around £71m of funds under management across various regional and national funds and runs investment syndicates which Braveheart and its operating companies have established. Braveheart also serves the investment appetites of high net worth individuals (HNWs), family offices, institutional investors and public sector organisations spanning the UK and Europe.
Strathtay Ventures – invests up to £10m in UK SMEs, providing private and family office investors with discretionary/advisory bespoke portfolio investment management services. It can co-invest or make loans via Special Purpose Vehicles (SPVs). Strathtay Ventures also manages various unregulated collective investment schemes.
Viking Fund Managers – manages the £48 million Finance Yorkshire Equity Fund, the £5m Viking Fund and the £1m Viking Loan Fund, all of which provide funding for SMEs in Yorkshire and Humber regions.
Equity financing is typically medium to long term and is usually appropriate for fast growing businesses or early stage companies. Braveheart can arrange equity transactions of £0.5m-£10m for SMEs based in the UK. Funding is available from Braveheart Investment Group plc's own balance sheet, investment funds that the Group manages and/or private and family office investors. Braveheart can also co-invest via a range of Special Purpose vehicles (SPVs).
Debt finance is typically short to medium term in nature and is provided to companies with cash flow available to service the loan. Within the Group, Viking Fund Managers provides these loans, which typically are unsecured but linked to an equity participation.
Braveheart Investment Group plc has a number of funds under management with the management function typically being undertaken by its subsidiary companies: Viking Fund Managers ('VFM') manages the £48m Finance Yorkshire Equity Fund, which invests in SMEs across the Yorkshire and Humberside regions. As well as the equity fund VFM manages the £5m Viking Growth Fund investing in early stage technology companies and the £1m Viking Loan Fund which provides SMEs with unsecured loans for working capital across the same regions.
Strathtay Ventures manages the £10m Lachesis Fund, which supports seed stage technology investments for eight universities across the East Midlands region.