Joy is an alternative investment

to Soho Film Finance

"We aim to be recognized as one of the most successful film investment companies for delivering enjoyable Film and TV programs and reaching consistent double digit returns for our clients".

Davide Cottarelli, CEO & Founder

"As a music producer, I create compositions with the highest sound quality using innovative recording and mixing techniques. Selecting the right films and making the soundtrack for each film a success is our goal".

Tom Linden, Creative Director & Founder

About us

We aim to be recognised as one of the most successful film investment companies for delivering enjoyable Film and TV programs and reaching consistent double digit returns for our clients

Our main office is located at N.0. 48 Warwick Street, Soho in the heart of Londons media district.

We are also proud of our two music recording studios in Soho that when combined with our other resources deliver the perfect alternative investment.

Directors and Founders of Soho Film Finance

Davide Cottarelli, CEO

Davide Cottarelli, CEO

With a masters degree in PR and a major in Marketing and Communications, Davide has more than 15 years of sales experience. He is an associate member of the Chartered Security Investment Institute and a fully qualified Stockbroker, CFD, FX and Commodities Trader. His past experience involved projects in the City with stock brokerage houses, FX brokering and introducing businesses to many top prime dealer brokers and investment banks. Davide is an Executive Producer of the film “The Exorcism of Anna Ecklund” and a BAFTA in Asia Patron. He is also a joint founder of the China UK Film Fund which has seed investment of £50 million rising to £1.5 billion by 2020.

Tom Linden, Creative Director

Tom Linden, Creative Director

Tom Linden’s music has been used in several films including Chandni Chowk to China, on TV series such as Top Gear and Green Wing, on documentaries including Northern Skies and Animal Planet, as idents for Desperate Housewives and MTV Cribs and on worldwide adverts for Baileys, Orange, Visa, Amnesty International and Firetrap. In early 2012, as part of a major rebranding, he was commissioned to give Channel 5 News a fresh sound including theme music and all titles. His compositions feature regularly on all major TV channels such as the BBC, MTV, Discovery Channel, ABC, Channel 4, Sky Sports, CBBC, Channel 5, E4 and ITV. Recently Tom composed the music for two new films ‘Brotherhood’ Directed and Produced by Noel Clarke, and the second called ‘Urban Hymn’ Directed by Michael Caton-Jones. Tom is in charge of selecting the right films for Soho Film Finance.

Management Team Members

Robert Graham, Film - Tax Advisor

Robert Graham, Film - Tax Advisor

Robert is a Director of Graham Associates (International) Ltd, and has been a practicing accountant for over 23 years. He is an International Accountant (in the UK), based in Wales, London and Los Angeles. Rob has a track record of helping to produce British and international films by ensuring film investors enjoy the best available tax incentives by financially managing the investment and minimizing risk. He is a member of the Enterprise Investment Scheme Association, recognized by HM Treasury and is committed to excellence in creating sound, tax efficient investment schemes, they have provided financial contractual advice to major international film and TV organisations and talent agencies.

Having worked on over 30 films in the UK and internationally with budgets ranging from the lower end to multi million pound projects, Graham has built a reputation for honesty and total transparency both in the UK and in the US. Rob is also a director of several film production companies in the UK and US and is personal accountant to several well-known British actors, TV personalities and international talent. He is also a Patron of the anti knife and gun crime charity, The Ben Kinsella Trust.

of traditional
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    We believe that being professional is the key to any business relationship. We try to present ourselves appropriately in every situation and adapt our manner according to local culture.

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    We build our business relationships by treating our partners fairly, in any circumstance.

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    We always aim to exceed the standard.

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    We do our utmost to give you a fresh music soundtrack experience.

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    We believe that keeping things simple is the best way to achieve an excellent result.

Mission & Values

Worldwide Representation

Worldwide Representation

Regulatory Environment

Soho Film Finance has a high standard of compliance and quality throughout its organization. Soho Film Finance only affiliates with minimum AA rated banks and financial institutions and will undergo consistent operational audits throughout the year. These measures help to assure the highest financial reporting quality, transparency and business integrity possible.

Tangible Assets and
Our Credentials
  • More than 25 years’ experience in the industry.
  • Strong and established relationships with film studios and distribution companies.
  • More than 60 films and music projects with a proven track record of making money.
  • Music recording studio and post production suite in Soho.
  • EIS Approval by HRMC for tax.

Our Investments

Each delivers a wide range of competitive advantages and can be adapted, and tailored to individual clients.

Our products are meant for HNWI, UHNWI and sophisticated investors who are searching for speculative and tax relief investments, in combination with glamour experiences for the more discerning.

Through our simple application form, it is easy and convenient for clients to subscribe our fund.

What we offer

  • 1An EIS Film Fund for UK investors, trust investors, or any others who expect to earn superior returns in an uncorrelated asset class and benefit from a tax relief scheme
  • 2Any Investors personally interested in investing directly in a specific film project
  • 3Glamour events in the media industry, including premieres, screenings and VIP parties

Media Industry Scenario

Traditionally, the film business been thought of as a high-risk area with only a small chance of providing investor returns. But in recent years, the investment climate has changed dramatically.

With the advent of the DVD format and growth in international markets that have established steady flows of predictable revenue streams, a fundamental shift has encouraged new classes of sophisticated investors, such as hedge funds and private equity firms into this market. Investment into the film sector for higher returns with a risk profile uncorrelated to traditional investments.

As a result, film is now seen as a valid and attractive asset class in its own right. At least 30% of all studio movies are now made in partnership with third-party funding and the concept of “slate finance” is acknowledged to lower costs, reduce risks and raise returns for studios and investors alike.

Soho Film Fund (SFF)

The SFF consists of a diversified portfolio of high quality films selected on their commerciality and viability for development.The SFF invests on an equity basis in each film, taking ownership of revenue rights, giving investors further opportunities for capital growth and profit, such as foreign sales, merchandising and TV sales.

The SFF Model

Our model is built upon the conviction that a diversified portfolio of carefully chosen feature films is not correlated to traditional investment markets and indices, but rather that movie assets will continue to grow, building on the industry’s performance in the past two decades of recession-resistant growth.

Conservatively forecasting annualised returns to investors in the range of 15-20% Per Annum.


Financial Benefits:

Tax Relief*

  • Up to 30% Initial Income Tax Relief reducing the net costs of investment
  • Capital Gains Tax Deferral afforded by the EIS (CGT Freedom)
  • Inheritance Tax Relief
  • CGT Deferral Relief
  • Loss Relief

*Only for UK Tax payers. Different tax relief schemes apply according to the country where the film is shot.

Investment Return

  • High returns from movie profits
  • Quick returns and long life investments

Exclusive Experiences:

  • Visit the filmset and meet the cast and crew
  • Private screenings
  • Access to film premieres
  • Access to after show parties
  • Attend wrap parties
  • Opportunity to take part as an extra
  • Receive a signed copy from the Writer - Producer - Director Team

Music Rights as a Revenue Stream

Through the creation of a Film Soundtrack, Soho Film Finance will take an active part in the Film production hence the Music Production is a central part of what Soho Film Finance is about.

Music Producer and Composer Tom Linden has a proven Track record in writing and placing Music for Film & Television. Tom has written the Channel 5 News music and his Compositions and Soundscapes have been used in TV Series such as Top Gear & Green Wing, Documentaries including Northern Skies, as Idents for Desperate Housewives, MTV Cribs & Discovery Channel and on Worldwide Adverts for Baileys, Orange, Visa, Amnesty International & Firetrap. His Compositions feature regularly on all major Broadcasters.

Through his work he realised the importance of owning copyrights and publishing rights as another revenue stream for Investors. According to each individual Film this may give the Investor a double opportunity to gain profits from both the Film Revenue and the Music rights. The Music rights can generate other income from sources such as Soundtrack, Licensing, TV deals, Royalties from international ticket sales and Sheet music sales.

Our Process

EIS Soho Film Fund Facts

Entity: Varcale Capital Management Ltd, EIS investment company incorporated in England. (Registration No. 07732786)

Financial Year: 2016

Base Currency: GBP Minimumm Investment: £25,000
Charges and Fees: Upfront fee 5%
Annual Management Fee: 2%
Hurdle Rate of 7% to be achieved before Performance Fee is taken
Performance Fee: 30% of increase in NAV
(payable quarterly in arrears only on compound returns)

Dealing and Valuation Frequency: Annually
Investment Manager: Soho Film Finance
Custodian/Administrator: Graham Associates (International) Limited
Bank: Royal Bank of Scotland
Accountant Advisor: Graham Associates (International) Limited

Business Address: 48 Warwick Street, London, W1B 5NL

A strong and reliable structure, provided by serious, professional entities


An alternative investment with a double digit return target
A tax relief scheme in place for UK Taxpayers
More than 25 years’ experience and Strong established relationships with film studios and distribution companies
and a proven track record in making money
A worldwide presence making the Fund accessible to anyone

Risk factors

The information and opinions contained in this document have been compiled or arrived at based upon information obtained from sources believed to be reliable, but are not guaranteed as being accurate nor is it a complete statement or summary of the securities, markets or developments referred to.

Past performance of investments (whether simulated or actual) is not necessarily a guide to future performance. All such information and opinions are subject to change without notice. No information published within this document constitutes a solicitation or offer, or recommendation, to buy or sell any investment instruments, to effect any transactions, or to conclude any legal act of any kind whatsoever. This document may not be reproduced, redistributed or republished for any purpose without written permission of the SFF.

The information published and opinions expressed by the SFF are for personal use and for informational purposes only and are subject to change without notice. The SFF makes no representation (either express or implied) that the information and opinions expressed within this document are accurate, complete or up to date. In particular the SFF shall not be obliged to remove any outdated information from its publications or to expressly mark it as being outdated.

Nothing contained within this document constitutes financial, legal, tax or other advice, nor should any investment or any other decisions be made solely based on the content. You should obtain advice from a qualified expert before making any investment decision. The shares of the Fund are suitable only for sophisticated private and institutional investors who have sufficient financial resources at their disposal and who fully understand and are willing to assume the risks involved. All details of the Funds investment objectives and policies are described in the prospectus.

For further information please refer to the SFF’s prospectus which may be obtained from the company’s registered office.

Contact us

48 Warwick

Phone: 0207 038 8952

For Film Submissions:

Varcale Capital Management Ltd, Register No. 07732786

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