We talk to Rupert West, head of private equity at Puma Investments, about its flagship Venture Capital Trust, Puma VCT 13 – its current portfolio, recent investments, headwinds, exits and more. What kind of businesses does Puma prefer to invest in? What are the risks of early-stage investment and how does it seek to manage them? And what makes Puma VCT 13 different from other venture capital trusts? Watch the interview to find out…

0:00 About Puma Investments
2:26 About Rupert West
2:46 What does Puma VCT 13 aim to deliver for investors?
4:42 What sort of companies does the VCT invest in?
6:06 Investing in Pockit (fintech app for the underbanked)
8:01 Investing in TravelLocal (managed marketplace for bespoke travel)
10:35 Investing in Influencer (platform-based influencer marketing business)
10:47 Investing in CameraMatics (vehicle monitoring)
11:20 Investing in Ron Dorff (men’s fashion)
12:11 What else besides funding can Puma offer these companies?
14:21 Has the different economic backdrop changed how Puma invests?
16:18 What percentage of investments might fail?
17:09 Exits from Pure Cremation and TicTrac
18:36 Performance of the VCT overall
20:12 Why should experienced investors consider Puma VCT 13?

IMPORTANT
The opinions expressed in this video are the interviewee’s own and do not necessarily reflect the view of Wealth Club Limited. This interview, like our service, is not advice and the products featured are not suitable for everyone. VCTs are higher risk and less liquid than mainstream investments. You could lose your capital. Tax rules can change and tax benefits depend on your circumstances. If you’re unsure an investment is right for you, please seek professional advice.