The EIS Navigator 67 Tax advantaged AIM investing with Matt Currie of Seneca Partners
Although investing on AIM through EIS fund and VCTs would appear to have several attractions, there are very few fund managers who invest in this area. Seneca Partners are one and we get fund manager Matt Currie to talk about it.
We cover many areas in the discussion. We talk about the differences in governance between AIM, fully listed companies and unquoted companies and what this means for investors. We then go into the flow of investments, how strong it is, and the how brokers help. Matt also discusses the different level of diligence that's possible and how AIM-listed company management differ in how they and raise from unquoted companies.
Matt also talk about what happens after investment. He talks about the relationship with company management and the challenges that some private investors present. We also discuss liquidity and selling shares, how exits on AIM need to be managed and different approaches to doing that. Finally, we talk about the current market and what Matt sees about how companies are behaving.
Links
Seneca Partners - https://senecapartners.co.uk/
Subscribe to the EIS Navigator podcast on most services here: https://the-eis-navigator.captivate.fm/listen
Suggested books
The Accidental Billionaires: Sex, Money, Betrayal and the Founding of Facebook by Ben Mezrich
Bringing Down the House by Ben Mezrich
Legacy by James Kerr
Bio
Matt Currie
Investment Manager, Seneca Partners
Matt joined Seneca from the RBS Structured Finance team in January 2017 where he completed 15 Leverage Finance transactions, being primarily mid-market private equity deals. Working alongside the top private equity institutions in the region, Matt led deals across the Leisure/Consumer, TMT, Professional Services, Manufacturing and Infrastructure sectors. Prior to that Matt spent four years with Deloitte, qualifying as a Chartered Accountant and working on both audit and advisory engagements throughout the North West. Matt graduated from the University of Manchester in 2010 with a degree in Management with Accounting & Finance.