Co-investing can reduce a VCT manager's investigating, supporting and reporting costs, providing funds for important infrastructure components such as a full-time finance director and a dedicated investor relations manager
If you are an intermediary or private client adviser looking at the bewildering range of venture capital trust (VCT) choices this tax season, you would do well to consider a VCT that co-invests. This is not just technical jargon: co-investment provides indicators of a VCT manager's health and the potential success of the investments. Co-investing firstly indicates the ability of a manager to invest several of its VCTs alongside each other in one portfolio firm. This helps the portfolio firm, as it does not have to tout around for new investors, and it keeps the cost down for the VCT shar...
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