Tag

VCT

Articles and analysis on Venture Capital Trusts (VCTs), the investment vehicles designed to provide individual investors with access to venture capital investments while offering tax incentives.

News

Octopus launches twin trusts

Octopus Asset Management, the operator of four venture capital trusts – namely, Eclipse 1 and 2, BioScience and Phoenix VCT – has revealed it is seeking to raise up to £60 million through a new twin investment vehicle.

News

Roche snaps up Glycart

Pharmaceutical giant Roche has boosted returns significantly at technology fund manager Quester by taking over portfolio company GlycArt for £104 million.

News

Close makes maiden investments

Close Income & Growth VCT, the most popular of the forty or so trusts seeking funds in the last tax year, has started to invest the £45 million cash pile it gathered in earlier this year.

Venture Capital Funding

VCs with money to burn

The venture capital markets are awash with record levels of cash, which is good news for growing companies in need of funding. But the bad news is that investors are being more picky than ever before.

News

Grosvenor receives healthy support

Occupational health services provider Grosvenor Healthcare has receivedan additional £1.05 million from existing investor Close VentureManagement to fund the acquisition of Glasgow rival Associated HealthSpecialists.

News

Bioscience breaches VCT rules

Octopus Asset Management has admitted that the Bioscience VCT it manages will breach the VCT rules.

News

ProVen pulls fundraising

The crowded VCT fundraising market has seen its first casualty after Beringea, which manages the ProVen and ProVen Media VCTs, pulled its £30 million fundraising for ProVen 3.

News

Murray turns to Reeve

VCT operator Murray has served notice on investment manager Murray Johnstone, charging Close Venture Management’s Patrick Reeve with the task of reviving its flagging fortunes.

News

IP2IPO plots VCT launch

One of AIM's most successful companies is planning to launch a venture capital trust (VCT) to take advantage of the enhanced tax breaks.

Growth Planning

The right backers for your company

One investor is as good as another, surely? Wrong. Who holds the shares in your company when you are quoted on the stock market can make a huge difference to the value of your business.