{"id":158191,"date":"2025-06-04T18:40:09","date_gmt":"2025-06-04T18:40:09","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/158191\/"},"modified":"2025-06-04T18:40:09","modified_gmt":"2025-06-04T18:40:09","slug":"this-venture-capital-fund-is-in-deep-value-territory","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/158191\/","title":{"rendered":"This venture capital fund is in deep value territory"},"content":{"rendered":"

\u2022\tAssets under management up a third to \u00a398.5mn in 2024<\/p>\n

\u2022\tOperating loss widens from \u00a32.6mn to \u00a33.4mn<\/p>\n

\u2022\t\u00a32.1mn of cash and liquid holdings at 31 May 2025<\/p>\n

\u2022\t70 per cent discount to sum-of-the-parts valuation<\/p>\n

Aim-traded investment and fund management company EMV Capital<\/strong><\/a> (EMVC:40p) is performing better than the headline loss suggests.<\/p>\n

Specialising in the deep tech and life sciences sectors, EMV increased its core revenue two-thirds to \u00a32mn last year. This included \u00a30.7mn of new recurring fund management fees from Martlet Capital, an early-stage investor based in Cambridge that provides patient capital to IP-rich start-ups with high growth potential. In May 2024, EMV was appointed as investment manager to Martlet Capital to manage its portfolio of investments. <\/p>\n","protected":false},"excerpt":{"rendered":"\u2022 Assets under management up a third to \u00a398.5mn in 2024 \u2022 Operating loss widens from \u00a32.6mn to…\n","protected":false},"author":2,"featured_media":158192,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3094],"tags":[51,3134,62173,13623,16,15],"class_list":{"0":"post-158191","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entrepreneurship","8":"tag-business","9":"tag-entrepreneurship","10":"tag-small-companies-aim","11":"tag-standard-article","12":"tag-uk","13":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114626561808199367","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/158191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=158191"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/158191\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/158192"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=158191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=158191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=158191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}