Seedcamp: Fund IV first close – Building Tomorrows Unicorns

Seedcamp, the European technology investor in start-up’s tackling global challenges, which already counts a Fintech Unicorn (in excess of $1B Company valuation) amongst its investee businesses, has today announced the first close of its Fund IV. Mainspring is pleased to announce it has been appointed as fund administrator for Fund IV, following on from providing the fund administration for Seedcamp’s …

EIS & SEIS Under The Bonnet

We are very pleased to have worked with the EISA as one of the sponsors and contributors for their most recent guide ‘EIS: under the bonnet’. This is the second in a series of EIS guides designed to enlighten investors and companies seeking investment on how the structure of EIS works. The first issue was aimed at companies, explaining how …

True – from $5m to £200M AUM Buy-Out and Growth Stage fund manager in three years

True Founders, Matt Truman and Paul Cocker, have built a retail and consumer focused buy-out and growth investing fund manager. True is Europe’s only retail and consumer sector specialist that operates across the entire investment vertical, investing out of its private equity buyout fund alongside running a sector specific innovation Hub. True has total funds under management of £200m and …

Mainspring hires Natasha Head as Sales Director, Custody and Nominee

Mainspring Fund Services is pleased to announce its first business development appointment, with Natasha Head joining its growing team as ‘Sales Director – Custody and Nominee’. Natasha has more than five years’ experience in tax-efficient investments. Mainspring’s Custody and Nominee division provides a managed account infrastructure and administration services for managers making tax-efficient investments. These include investments captured by the …

Mainspring client Syncona makes impressive gains

Mainspring is pleased to report that Syncona, a leading healthcare company focused on investing in and building global leaders in life science, released its full-year results on 6th July 2017, confirming a 12.5% total return and enlarged net assets of £895.2m. Its largest life sciences holding, Blue Earth, had gained approval for Axumin, its PET imaging diagnostic agent for prostate …

Stephen Geddes, Managing Director of Mainspring Fund Services presents 2016 Best EIS Investment Manager Award to Calculus Capital

Calculus Capital won the highly coveted Best EIS Investment Manager prize at the 2016 Growth Investor Awards. The award, sponsored by Mainspring Fund Services, was open to any investment manager specialising in Enterprise Investment Schemes, and was judged on investment volume, impact on the investee company, product development and adviser outreach. The Award was presented to Calculus Capital by Stephen …

Mainspring to sponsor ‘Best EIS Investment Exit’ at 2016 EISA Awards

For the second year running, Mainspring is sponsoring an awards category at the Enterprise Investment Scheme Association (“EISA”) awards. The event is the established fixture in the industry calendar and recognise the best performing practitioners in the EIS and Seed EIS industry. Mainspring is pleased to be presenting the ‘Best EIS Investment Exit’ award at the Charmain’s Reception at the …

Mainspring listed as recommended adviser in MJ Hudson’s Emerging Manager’s Guide

Mainspring has recently been featured as a recommended fund administrator in MJ Hudson’s Guide to Launching a Private Equity / Venture Capital Fund. The guide, which provides fund managers with comprehensive, commercial advice on how to launch a fund and which advisers they need to engage, describes Mainspring as providing ‘a highly tailored service reflecting the requirements and style of …

Mainspring to provide support to Entrepreneur First on establishment of their Singapore Fund

Mainspring is delighted to have been awarded an additional mandate from Entrepreneur First. In addition to working with the team on the seed fund and the Next Stage Development fund, Mainspring will begin working on Entrepreneur First’s Singapore Fund. Mainspring will be supporting ef with the establishment of the fund assisting with client AML, client on-boarding, as well as the …

Mainspring five years after launch: Where we’ve got to and where we’re going

Since its inception, Mainspring has grown consistently year-on-year and now 5 years on is regulated with the FCA and has in-excess of £1bn Funds under Administration across more than 30 client relationships. “I am exceptionally proud of what we have built at Mainspring in just 5 years” says Stephen, who founded Mainspring in 2011, “We provide institutional quality administrative services …