Return Fund #5

Return Fund #5 logo

A joint secondaries led fund in partnership with Shackleton Ventures.

Promoted by Shackleton Finance Limited as the regulated entity

We have now launched a new joint venture secondary-led investment fund, the 'Return Fund #5', in partnership with Shackleton Ventures.

This fund will typically purchase existing minority stakes in established businesses in selected sectors. Investments sought will exhibit less risk than growth capital funds, yet provide excellent returns for investors.

This fund will mainly look to invest in proven scale-up businesses headquartered in the UK or Europe with investment sizes ranging from £1m - £5m per company. It will benefit from attractive post-pandemic 'new-normal' focused investment opportunities, realistic transaction pricing and attenuated competition combined with a focus on driving profitable exits and strong returns to investors.

Shackleton has an excellent track record of returns to investors across their four previous funds, so far achieving 24 profitable exits.

Key Drivers

  • Less contested opportunities
  • Act as lead investor to shape the terms
  • Strong network and prior experience
  • Mostly proprietary and exclusive deals
  • Primary access to ongoing deal flow

Focus

Sectors: Digital Transformation, Healthcare Technology and Cleantech & Advanced Engineering

  • 65% of transactions will be secondary-led
  • Top Quartile Returns
  • Capital protection mindsete
  • 5+ transactions per annum in first 3 years
  • 7+ year fund life

Next step

If you would like to know more or would like to participate in the Return Fund 5, please get in touch

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