British Smaller Companies VCTs launch £75m fundraise
Managed by YFM Equity Partners
Managed by YFM Equity Partners
The AIC was ‘disappointed’ to learn draft legislation exempting trusts from cost disclosure requirements does not include VCTs
The VCT has total net assets of £118.6m and a portfolio of 20 companies
The VCTs already have total net assets of £200m
VCTA’s Chris Lewis looks at the appeal of VCT’s even in turbulent times
The round has brought total net asset value to circa £450m
Triple Point’s Diana French provides some examples of how financial advisers are using VCTs in their regular financial planning
VCTA’s Chris Lewis and Pembroke VCT’s discuss their methodology for sourcing and evaluating investment opportunities
Large fall from the £705m recorded in 2022
VCT managed by partner Simon King
Launch follows announcement VCT regime has been extended to 2035
Total money raised up by 61% to £1.04bn