Octopus Investments has today (10 November) launched a new £175m fundraise for the firm’s Titan VCT and appointed a new fund manager.
Malcolm Ferguson has worked at Octopus since 2013 and was appointed lead fund manager of Titan in June. He took over from Jo Oliver, who is now focusing on other opportunities within the Octopus Ventures team, according to the firm. The share offer is open until 9 November next year, although it may close earlier if fully subscribed. It has a minimum investment of £3,000. Titan is the largest VCT in the UK, with £1.2bn in assets under management and more than 115 companies in its portfolio. It grew by 70% in 2021 according to the firm. Morningstar launches industry's first unicor...
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