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’
VCTA’s Chris Lewis looks at how VCTs have delivered on their promise since launch in 1995
Triple Point’s Diana French argues the case for holding VCTs as part of a well diversified portfolio
Prospectus to be available in January 2025
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