Open main menu
Home
Random
Donate
Recent changes
Special pages
Community portal
Preferences
About Stockhub
Disclaimers
Search
User menu
Talk
Contributions
Create account
Log in
Editing
Ascension
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
== Expert view == '''The view is provided by Tax Efficient Review.''' When TER first reviewed the Ascension EIS in 2020 they were a relatively new EIS fund, having only launched in 2017, but they had achieved two exits and one partial exit in that time and they were showing early promise. So in the time that has elapsed since this first review, how have things moved on? The positives to note are they have added some additional exits to those achieved back in 2020. There has been ZigZag (6x return on cost), Percent (4x) and Bizzon (1.6x) and early investors in the 2017 tranche have had their initial investment back, which is encouraging. The Ascension EIS also offers a fairly rapid deployment time frame of full deployment within 12 months of investing across typically 8-10 companies, and the performance fee has a decent hurdle on it at 130p returned to investors on 100p invested. When we look at their track record, as mentioned the early investors should be rightly pleased with the returns they have seen. The 2018 cohort was significantly larger and has recently seen successful exits from three further companies since the previous review. Achieving successful/ profitable exits and returning cash to investors is the Holy Grail of the EIS industry and credit should be given to Ascension for achieving what they have in a relatively short time scale.
Summary:
Please note that all contributions to Stockhub may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Stockhub:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)