Committed Capital

Committed Capital is a UK EIS fund manager with over 20 years' experience investing in small and medium-sized growth-stage, post-revenue UK technology companies. The manager (Committed Capital Financial Services Limited) is authorised and regulated by the FCA. It runs two flagship products: the evergreen Growth EIS Portfolio Service and the HMRC-approved Knowledge-Intensive (KI) EIS Fund.

The manager targets growth-stage companies generating annual revenues above £1m, seeking to avoid the earliest-stage failure risk while still capturing EIS reliefs and pre-institutional valuations.

Investors subscribe via an Application Pack, providing self-certification as a High Net Worth or Sophisticated Investor (or as advised through an FCA-authorised intermediary). Capital is allocated on a discretionary basis into a concentrated portfolio of pre-vetted tech companies. Committed Capital typically takes an active role — board seats, strategic support, follow-on funding — through to exit.

Growth EIS is evergreen, deploying capital as suitable deals close. The KI Fund is HMRC-approved, giving investors an earlier carry-back date for tax purposes and quicker deployment (target: within 3 months of fund close).

Growth EIS Portfolio Service: 8–12 growth-stage, post-revenue UK technology companies. Evergreen — subscriptions accepted throughout the year.

Knowledge-Intensive EIS Fund: 6–8 growth-stage, post-revenue technology companies; HMRC-approved with a defined close date and rapid deployment.

Minimums: typically £25,000+ for direct subscription; adviser-arranged access may permit lower tickets. Confirm current thresholds with the manager.

Fees: standard EIS structure — initial fee, annual management charge, performance fee / carried interest above a hurdle, plus dealing fees. All charges are disclosed in the Information Memorandum for each fund.

Tax reliefs (subject to individual circumstances and HMRC qualification): up to 30% income tax relief; CGT deferral; IHT relief after 2 years; loss relief on failed holdings; tax-free gains after 3 years' hold. KI Fund allows earlier income-tax carry-back to the year of fund close.

Suitable for UK taxpayers who can self-certify as High Net Worth or Sophisticated Investors, who want growth-stage (rather than seed-stage) EIS exposure and can hold for at least the 3-year EIS minimum — realistically 5–8 years+ to exit. Best used as part of a diversified tax-advantaged allocation across multiple managers and vintages.

Strengths: FCA-authorised manager with a long track record; focus on post-revenue growth companies reduces the highest-risk failure tail; active board involvement and follow-on capacity; both evergreen and KI-approved products give flexibility on tax carry-back timing.

Risks: concentrated portfolios (6–12 companies) mean single-company outcomes materially affect returns; illiquid — no secondary market, exits depend on trade sales or IPOs on the manager's timetable; loss of EIS qualifying status by a portfolio company can trigger clawback of prior reliefs; layered fees can compress net-of-fee IRRs; no FSCS/FOS protection on the underlying investments.

Verify authorisation and FRN on the FCA Register before subscribing.

Read the Information Memorandum in full — check total expense ratio, hurdle rate, catch-up mechanics and dealing costs.

Diversify across multiple EIS managers, vintages and thematic exposures; a single fund is not a diversified strategy.

Confirm EIS eligibility with your own tax adviser — reliefs depend on your personal circumstances and are not guaranteed.