Baronsmead Venture Trust

New 2017/18 offers announced – register your interest below

Baronsmead Venture Trust (BVT) was launched in 1998. It is managed by Livingbridge, a team with extensive VCT experience. 

It is one of two current Baronsmead VCTs, the other being Baronsmead Second Venture Trust (BMD). The two VCTs have a combined net asset value of approximately £346 million (31 May 2017). They are generalist VCTs, aiming to invest primarily in unquoted and AIM-traded companies. A policy of co-investing with each other lets them make bigger investments into more established companies.

Share offer

Baronsmead Venture Trust intends to launch a 2017/18 offer for subscription, with a prospectus expected to be published in October. The current intention is to raise up to £20 million in BVT, with BMD seeking to raise up to £25 million.

The offer will be linked in a similar way to previous Baronsmead VCT offers: investors will be able to apply for shares in either or both VCTs via a single application.  It will be the first substantial offer for subscription in either of the Baronsmead VCTs since 2014.

Register your interest via the form below and we will notify you as soon as this and other VCT offers are available.

History of Baronsmead VCTs

The original Baronsmead VCT was established in November 1995 and was one of the first venture capital trusts to be launched. The Baronsmead name came from the street in which the manager lived at the time, in the Baron’s Court area of London.

That VCT merged with the former Baronsmead VCT 2 in February 2016 to form the current Baronsmead Venture Trust.

During 2016 the former Baronsmead VCT 3 acquired the assets of Baronsmead VCTs 4 and 5 to form what is now Baronsmead Second Venture Trust

The manager

Livingbridge, which was formerly called ISIS Equity Partners, has been involved in running the Baronsmead VCTs from the beginning. Led by Wol Kolade, Livingbridge is private equity firm specialising in small- and mid-cap companies. It employs 80 people across offices in London, Birmingham, Manchester and Melbourne, Australia.

Baronsmead Venture Trust facts and figures

The net asset value as at 31 May 2017 stands at £158.9 million.

The top five holdings are as follows:

  1. Staffline Group plc – Nottinghamshire – AIM-listed temporary labour supplier
  2. Netcall plc – Hertfordshire – AIM-listed contact centre provider
  3. Crew Clothing Holdings Ltd – London – Clothing retailer
  4. Create Health Ltd – London – IVF and fertility treatment provider
  5. Idox Ltd – Berkshire – AIM-listed information management services

To be notified when the offer opens and prospectus is available, register for VCT alerts below.

The details

Targeted Dividend
Coming soon
Initial Charge
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Minimum Investment
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Sector
Generalist
Deadline
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WealthClub Saving
Coming soon

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