The AEIF is a £20m venture capital fund established in 2005 to provide capital for expanding businesses.
Investors in the fund include Advantage West Midlands and The European Regional Development Fund. Catapult Venture Managers Limited manages the Fund and aims to make commercial equity investments in small and medium sized companies throughout the wider West Midlands region.
The Fund: £20m private equity co-investment fund.
Investment amount: Between £250k - £1m, matched by a similar or greater amount from private investors that Catapult can help to introduce.
Stage focus: All stages from early-stage through to development capital, including MBO’s and MBI’s.
Sector focus: AEIF is a generalist fund covering a broad spread of industry sectors from early-stage technology to services and specialist manufacturing.
Geographical focus: Investee companies must have a presence in the wider West Midlands region.
Investment structure: The majority of investments will involve a mixture of equity and loans.
Added-value: Catapult has extensive experience of working with growing businesses and seeks to add value to investee companies through the introduction of experienced and relevant non-executive directors to the investee company board.
Exit: Exits from investments are normally expected within a 5 year time frame.