The UK is Europe’s leading nation for technology investment and in 2020 alone, technology investment reached $14.9Bn (Tech Nation), more than France and Germany combined. In 2021 more capital already has been deployed than the whole of 2020.
The Fund will back companies from the FinTech, PropTech and ConsumerTech sectors. The success of UK FinTech is in large part driven by a supportive regulatory environment, with 29 FinTechs constituting nearly 40% of all UK unicorns. The PropTech sector results from the digital transformation that is currently taking place within the real estate industry, leading to technology-driven innovations. ConsumerTech offers access to large Total Addressable Markets driven by the UK’s almost universal internet and mobile penetration.
Fund I was successfully raised and deployed within 12 months. Fund II builds on the same investment thesis and aims to replicate the partners’ angel track record, with an IRR of 88% over the last six years across over angel 20 investments to date including Revolut amongst others.
The team has secured a cornerstone investor, Martin’s Properties, who is investing £3m into Fund II. The company owns in the order of £375m of direct and indirect property assets, has a strategic land joint venture and has also provided an investment into Gore Street Capital, the clean energy fund, as part of their increasing private equity investments; more details here.
Marcus Love – General Partner
Marcus has over 14 years of experience as an FCA approved financial professional in London. He worked most recently at William O’Neil+Co, the US headquartered equity research firm between 2011-2019.
Marcus has a strong track record of delivering global equity idea generation to investment managers, which enabled his clients to increase their portfolio performance.
Over the last six years he has invested in 20 early-stage businesses and successfully built an angel syndicate. He progressed this syndicate into Love Ventures Fund I and is now further advancing the Love Ventures venture capital franchise. Marcus is co-investing in the Fund alongside investors and seeks to replicate this successful performance.
Adrian Love – General Partner
Adrian has over a decade of experience as an investment professional and chartered surveyor. From 2016, he worked at Dorrington PLC, a £1.4Bn private investment company, where he was an investment manager of a £200m predominantly residential portfolio of assets, including a joint venture with Grainger PLC.
Earlier on in his career, he worked for six years at The Instant Group, a high growth pioneer within the global flexible workspace sector where he focussed on enterprise sales prior to its acquisition by MML Capital. He was instrumental in growing the managed office division’s revenues by over 200% to £25m over a five-year period.
He is a Board Observer at PropTech businesses Deepfinity and Movewise and leads this sector for the Fund.
Esther Reynal De St Michel – Investor Relations
Esther is an international strategic growth specialist with an MBA from Oxford University. Over the past 12 years she has been a trusted advisor for some of the world’s biggest brands across consumer, healthcare and tech sectors, from GooglePay to Johnson & Johnson to Suntory.
Her experience ranges from providing commercial due diligence and transition plans for private equity backed businesses to identifying new growth opportunities to well established brands. More recently she has started using this experience to advise younger companies on
their go-to-market strategies.
She is also an angel investor and mentor to female founded and co-founded technology businesses.
|Total Initial Charge through Kemeny Capital
|Annual Management Charge
When investing through Kemeny Capital we receive a 1% fee from Love Ventures. This comes out of the fee above which is the same as if you applied directly with Love Ventures.
As with all offers found on Kemeny Capital’s website, this offer is exclusively aimed at UK resident persons who are required to self-certify as either a Sophisticated Investor or High Net Worth Individual.
The value of investments may go up as well as down and there is no guarantee of any investment return. Investments in private companies carry significant risks including loss of capital, illiquidity, and no guarantee of regular income from the investment. You should understand the risks involved and be capable of making investment decisions based upon your personal circumstances. Past Performance is not an indicator of future performance.