While multi-stage venture capital management is common in the US, few firms have, so far, managed to develop it successfully here. Mercia has probably developed the widest range of capital pools in the tax-advantaged world. We get Dr Paul Mattick on to discuss their approach.
While the benefits of multiple pools are clear, it does bring challenges too. We discuss how Mercia addresses these, building up strong processes and using its scale to its benefit.
We also discuss Mercia’s regional focus – the advantages and disadvantages, why the regions are underfunded and whether that can change. Paul also explains his idea of geographical arbitrage, to buy at low regional valuations and sell at a premium in the south east!
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The Time Traveler’s Wife by Audrey Niffenegger
Dr Paul Mattick heads the Sales and Investor Relations team for the Mercia EIS Funds. He works directly with private clients and advisers to build the EIS fund raising capacity of Mercia. Paul oversees the administration and development of the EIS funds, and ensures that investors receive a high level of service, much of which is delivered through Mercia’s award-winning Investor Centre. Paul has a variety of experience in early-stage businesses (including being a founder), and formerly worked at another leading EIS fund manager, where he built close relationships with top tier clients, and significantly grew both fund and single company assets under management. Paul has a PhD and Post-Doctorate from the University of Oxford and a 1st Class Bachelor of Science from the University of Leeds.
Disclaimer
Please note this podcast/interview does not constitute a financial promotion and is provided for informational purposes and should not be construed as an invitation or offer to buy or sell any investments. Please be aware that investments into unquoted companies are high risk, long term and illiquid investments. Your capital is at risk. Past performance is not a reliable indicator of future performance. Target returns are not guaranteed and forward looking statements are illustrative only and must not be relied upon. Investors should only invest on the basis of reading the full offer documentation. Listeners must make their own independent decisions and obtain their own independent advice regarding any information, projects, securities, tax treatment or financial instruments mentioned herein.
