Octopus Titan VCT 3 seeking to raise up to £25m

Octopus is offering the third in its Titan VCT series, investing in up to 30 unquoted UK companies. ...

Octopus is offering the third in its Titan VCT series, investing in up to 30 unquoted UK companies. Titan VCT 3 is seeking to raise up to £25m in the 2008/2009 tax year. This follows the demand seen by the group's Titan twin VCT, which has raised over £30m since launch last November. Like the previous Titan trusts, the typical deal size of any investment will range from £500,000 to £2m with emphasis on opportunities within key market growth sectors. At the end of the initial three-year investment period, managers invest 75% to 85% of all proceeds raised across an underlying portfoli...