Gresham House launches £50m Baronsmead VCTs fundraise
Seeking further liquidity to take advantage of new investment opportunities
Seeking further liquidity to take advantage of new investment opportunities
The initial target of £50m was met in a month
‘Appetite for VCTs is only likely to accelerate in the coming months’
Managed by YFM Equity Partners
The VCT has total net assets of £118.6m and a portfolio of 20 companies
The VCTs already have total net assets of £200m
The round has brought total net asset value to circa £450m
VCT managed by partner Simon King