Calculus Capital was founded in 1999 by John Glencross and Susan McDonald, following careers at senior levels in leading investment banks. They saw an opportunity to create an EIS Fund which would deliver the benefits of EIS investing, whilst providing stronger risk mitigation than investing in single EIS Qualifying Companies. With the co-operation of the The Inland Revenue (now HMRC) and working within existing legislation, Calculus created the UK’s first approved EIS Fund in 1999/2000 tailored to the needs of private investors. Since then, they have gone on to launch 17 EIS Funds and a further 2 VCTs.
Both the Calculus EIS Fund and Calculus VCT provide investors with the opportunity to benefit from many years of invaluable experience. The core team has been together over 10 years and our track record of excellent results has enabled us to attract top talent to this team from distinguished firms such as Deutsche Bank, Flemings, Citigroup, JP Morgan and Apollo.
We have built and retained a strong reputation as an expert investor in EIS and VCT Qualifying Companies through our multi award winning funds. The professionalism of our investment process, track record of profitable exits and focus on capital appreciation combined with strong risk management, distinguishes us from other managers.
Calculus Capital is viewed as the industry standard within the tax efficient investing world, our team is often engaged in discussions with industry and governmental representatives. Our EIS and VCT Funds embody the spirit of professional SME investing and have gained much respect and support from investors, advisers, governments and our peers.