AFSSEC Innovation SIV Venture Capital Fund LP

Investing into Australian Private Innovative Companies with Strong Growth Potentials

About us

AFSSEC Venture Capital Management Partnership LP (AVCM) is a newly incorporated limited partnership registered on 15 June 2016 under the Partnership Act 1958 (VIC). The registration number is L0000445F.

The planned business is to operate its first registered VCLP fund, AFSSEC Innovation SIV Venture Capital Fund LP (AISVCFund), incorporated on 27 June 2016 under Partnership Act 1958 (VIC).

On 6th October 2016, Innovation and Science Australia, a new independent statutory board of Department of Industry, Innovation and Science of the Australian Federal Government, discussed and approved the conditional registration of AFSSEC Innovation SIV Venture Captil Fund as a Venture Capital Limited Partnership.

VCLP Fund

AFSSEC Innovation SIV Venture Capital Fund

The AFSSEC Innovation SIV Venture Capital Fund is an incorporated limited partnership under the Victoria Partnership ACT 1958 and Venture Capital Act 2002, which has been granted conditional registration as a Venture Capital Limited Partnership effective from 7th October 2016 by Innovation Australia, Department of Industry, Innovation and Science of the Australian Federal Government.

BENEFITS OF INVESTING IN THE FUND

Gain exposure to Australian private companies with growth potentials.

The Fund’s aim is to provide investors with attractive risk adjusted returns while ensuring compliance with the SIV program’s Complying Investment Framework.

The Fund has been established to invest in a portfolio of Australian innovative growth companies. The fund will provide investors with access to Australian venture capital investment, an asset class that aims to provide investors with returns through capital growth on successful investments.

Profesional Active Management

The managers will draw on the experience and expertise of industry experts on specific venture capital investments.

SIV Complying

The Fund could be a complying investment for non-Australian investors who may be interested in applying for Significant Investor Visa with the intention to reside in Australia.

Tax Benefits

VCLP investors (limited partners) that are eligible foreign investors are also exempt from CGT and income tax. Australian domestic VCLP investors are taxed on returns in their hands but may be able to claim deductions for losses.

RISKS OF INVESTING IN THE FUND

An investment in the Fund will involve significant risks due to, among other things, the nature of the potential investments by the Fund. There is no assurance that the investment objectives for the Fund will be achieved or that Limited Partners will receive a return on any investment in the Fund.

SIV Applicants

SIV Complying

The Fund could be a complying investment for non-Australian investors who may be interested in applying for Significant Investor Visa with the intention to reside in Australia.

Significant and Premium Investor Visa Programs

VCLP Fund Investment

To provide investors with exposure to Australian private companies with growth potentials.

The Fund’s investment mandate is to invest in private innovative companies (subject to VCLP rules) that provides good prospects for capital growth over 5 year time horizon.

The Fund has engaged AFS Capital Securities Ltd to manage the investment on day to day basis.

Investment Objective The objective of the Fund is to seek capital appreciation superior to those earned on equity, or equity-related, investments of comparable risk.
Minimum suggested Time Frame 5 years
Investment Strategy The Manager’s strategy is to leverage its business network to source a large number of potential investment opportunities, and then to select the best - the ones that provide exceptional potential for earnings growth.
Indicative Asset Allocation Target sectors and Portfolio Allocation
  • Biomedical Technology and Engineering - 20%
  • Renewable Energy Technology and Engineering - 20%
  • Food Technology and Engineering - 20%
  • Information Technology and Engineering - 20%
  • Telecommunications Technology and Engineering - 20%
How To Apply?

This Fund is open to Wholesale investor only. To apply to participate in the Fund, please contact the General partner of the Fund, AFSSEC Venture Capital Management Partnership LP.