Our chairman and CEO have been at the forefront of tax-efficient investment in the UK since the early 1990s, when they first established Close Brothers Investment Limited. They quickly became market leaders in the creation and promotion of tax planning products designed for investors seeking income and capital gains tax relief.
These early products qualified for government-backed reliefs under Business Expansion Scheme and Enterprise Zone Trust legislation, and investors’ capital was used to finance the development of property-backed ventures across the UK.
They were responsible for raising and committing over £1.5bn of private investors’ capital, which firmly established them as market leaders in this sector.
As government legislation evolved, they continued to successfully launch and manage a range of tax planning products which included; Venture Capital Trusts, Enterprise Investment Schemes and inheritance tax mitigation solutions.
In 2007, they formed Stellar Asset Management, where they have continued to develop innovative and robust services that are underpinned by longstanding government legislation with particular emphasis on the mitigation of inheritance tax.
Why we are different