Category

News

Matrix assumes full control at TriVen

TriVen, one of only two VCTs hitherto presided over by a triumvirate of fund managers, is to pass control of its entire portfolio of Matrix Private Equity as it bids to ‘streamline’ its structure and ‘improve shareholder returns.’

News

News

Mergermarket boost for Beringea

Beringea, operator of both the ProVen and ProVen Growth & Income VCT funds, is set for a major cash windfall – courtesy of the Financial Times’ £101 million acquisition of portfolio company mergermarket. The deal sees both trusts realise substantial gains on their previous investment valuations.

News

Cash hit for IXICO

IXICO, a spin-out company from London University, has drummed up £930,000 in its first institutional fundraising, from The Capital Fund and a number of private investors.

News

Ingenious backs The Invisible Band

Media-industry investment business Ingenious has signed its second deal with record label Independiente, having agreed to invest an initial £2 million in the production of melodic Scottish pop-rock outfit Travis’ fifth album. Both of Ingenious’ Music VCTs are involved in the deal.

News

JumpTV tunes into AIM

Canadian media group JumpTV – which broadcasts a range of subscription-based ethnic television channels via the internet – is seeking to raise up to £31.4 million from investors, ahead of a planned AIM float next Thursday. Canaccord Adams is acting as broker and adviser to the float.

News

PHF backed by Bridges

Nottingham-based healthcare administration business PHF Services, has received £600,000 of expansion capital from Bridges Community Ventures, the investment group that specialises in backing businesses based in the UK’s most deprived areas. Formed in 2003, PHF makes its money through the provision of ‘virtual secretarial and billing services,’ for doctors.

News

Optos opts for main over AIM

Optos, a leading medical technology company, joined London's main market in February 2006 and raised £30 million in primary proceeds in the process. But why did it go main, rather than to AIM?

News

Johnny Hon eyes new London launch

Hong Kong entrepreneur Johnny Hon, the well-connected boss of AIM-quoted Chinese lottery operator Betex, plans to float yet another of his companies in London.

News

Optos opts for main over AIM

Optos, a leading medical technology company, joined London's main market in February 2006 and raised £30 million in primary proceeds in the process. But why did it go main, rather than to AIM?

News

Johnny Hon eyes new London launch

Hong Kong entrepreneur Johnny Hon, the well-connected boss of AIM-quoted Chinese lottery operator Betex, plans to float yet another of his companies in London.

News

Japanese biometrics firm Secure Design heads for AIM

The ever-growing internationalisation of AIM continues at pace, with the market set to welcome its first Japanese venture this Friday. Secure Design is a biometrics company that offers a range of fingerprint authentication products and systems to companies with high security needs.

News

eBay opportunity for growing firms

News

Ventus blows itself out

Environmental investor Climate Change Capital (CCC) has ceased raising cash for its Ventus 2 & 3 VCT funds, after pulling in a combined £22.3 million for investment in UK-based renewable energy projects.

News

Touchstone deal for NVM

Residential property manager Touchstone Asset Management has acquired rival Castle Group, with the aid of a £3.5 million investment from Northern VCT series operator Northern Venture Managers.