VCT reviews

Review: Maven Income and Growth VCTs

1 October 2018

Maven Capital Partners has opened a joint offer of up to £40 million for the Maven Income and Growth VCT (“MIG”) and Maven Income and Growth VCT 5 (“MIG5”). Each VCT is raising £15 million, with ...

Review: Hargreave Hale AIM VCT

1 October 2018

This latest offer for the Hargreave Hale AIM VCT plc seeks to raise up to £30 million (£20 million with an over-allotment facility of up to £10 million).Hargreave Hale specialises in smaller companies investing. As well ...

Review: Octopus Titan VCT

14 September 2018

Nearly a third of all the money raised by VCTs last year was invested in Octopus Titan. By VCT standards, it’s a giant. Even before last year’s raise it was by some measure the UK’s largest ...

Review: Pembroke VCT

30 August 2018

Pembroke VCT is one of the youngest VCTs, having raised over £48 million since its launch in 2013. It focuses mainly on four sectors – health and fitness, media and tech, hospitality, apparel and accessories. It ...

Review: Foresight 4 VCT

21 August 2018

This offer for Foresight 4 VCT aims to raise £50 million, with an additional over-allotment of £30 million. The VCT has a weighting towards technology, media and telecoms.HighlightsEstablished, mature VCT portfolioHas a weighting towards technology, media ...

Review: Puma VCT 13

6 August 2018

Puma VCT 13 is a limited life VCT from a seasoned manager that aims to orderly wind up and distribute income and capital to shareholders after seven to nine years. It is raising up to £5 ...

Review: Octopus AIM VCT and Octopus AIM VCT 2

3 August 2018

This is a fundraise of up to £20 million (with a £10 million overallotment facility) across the Octopus AIM VCT and Octopus AIM VCT 2 (together the Octopus AIM VCTs). Investors will have exposure to a ...

Review: British Smaller Companies VCT 2

11 January 2018

British Smaller Companies VCT 2 (BSC2), one of the UK's longest-running venture capital trusts, has opened a non-prospectus top-up offer to raise up to €5m (approximately £4.4m). The last top-up offer for existing shareholders reached capacity ...

Review: Amati VCT & Amati VCT 2

1 December 2017

This offer seeks to raise £20 million in aggregate for the two Amati VCTs, which predominantly invest in AIM-listed companies. Together, the VCTs have a net asset value of £118 million (24 November 2017).The VCTs plan ...

Review: Calculus VCT

31 October 2017

Calculus Capital has invested in small unquoted companies since 1999, primarily through its EIS fund. The Calculus VCT launched in 2009 and co-invests in many of the same companies. In 2017 the Calculus VCT consolidated its ...