AIC figures place Octopus VCT atop fundraising chart

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Octopus VCT has raised more money than any other individual VCT in the most recent tax year, according to figures from the Association of Investment Companies (AIC).

The flagship venture capital trust of Octopus Investments raised £50m in the year to 5 April, 2010. A second fund, Octopus Titan VCT 4, also features in the fundraising top 10 with £18.1m of new investment. Entertainment specialist Edge Performance VCT is the second-biggest fundraiser on £28.8m, followed by TP10 on £27.3m. Meanwhile, Downing Corporate Finance has four VCTs in the top 10. Downing Structured Opportunities VCT 1 raised £19.2m, while Downing Planned Exit VCTs II and III saw inflows of £19m and Downing Absolute Income VCT 2 raised £17.4m. VCTs have had one of the most s...

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