Edge Performance VCT seeks £10 million

Entertainment industry-focused Edge Performance VCT is seeking £10 million from investors in its current fundraising.

London-based law firm Howard Kennedy is acting as sponsor and legal adviser to the offer, in which 10 million ordinary “E” shares are being offered at a price of £1 each.

Keith Lassman, corporate partner at the firm, says, ‘The VCT market offers an attractive investment opportunity during the current difficult market conditions and invests much needed funds into entrepreneurial companies at the same time.’

The VCT has built a fund of £38.5 million through three previous offers, the most recent of which sought to raise £25 million and brought in £19.2 million.

It invests in companies that promote live music, theatre, sports, trade shows and other similar events.

Marc Barber

Marc Barber

Marc was editor of GrowthBusiness from 2006 to 2010. He specialised in writing about entrepreneurs, private equity and venture capital, mid-market M&A, small caps and high-growth businesses.

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