VCT capacity fills up in advance of tax year end Investing Venture capital trusts (VCTs) have been reaching capacity as the end of the tax year approaches, with Northern VCTs closing their £36m fundraise this week. The decision by a few large VCTs not to raise money this tax year, and smaller offers from some other players, means capacity is six per cent lower than last [...]
VCT fundraising push continues as Baronsmead launches £50m raise Investing Two Baronsmead venture capital trusts (VCTs) have launched a £50m funding drive today as a boom in fundraising for the vehicles continues. The VCTs, which are managed by Gresham House, are targeting a £30m share offer with an over-allotment option of £20m, meaning they are able to issue new shares if there is demand from [...]