Independent depositors INDOS Financial has been appointed as depositary by Sure Ventures PLC, a venture capital fund that commenced trading on the Specialist Fund Segment of the London Stock Exchange on 19 January 2018.
SVP will invest in early stage software companies in the rapidly growing Financial Technology, Augmented Reality, Virtual Reality, and Internet of Things sectors.
Bill Prew, CEO of INDOS, says: “We are delighted to have been appointed as depositary by Sure Ventures PLC. The appointment leverages our expertise as an independent depositary across a number of disciplines, including private equity/ venture capital strategies, and UK listed fund vehicles.”
Toby Raincock, CEO of Shard Capital AIFM LLP, SVP’s Alternative Investment Fund Manager, says: “We selected INDOS because we sought a depositary that would work independently alongside the fund’s other service providers and possessed the necessary full depositary regulatory status to support the fund’s strategy. The team was professional and pro-active throughout the fund set-up process and we look forward to working with them in the future.”