Albion Capital VCT raises £96.5m in top-up offers

Across six VCTs

clock • 1 min read
The companies supported by the six Albion VCTs currently employ approximately 3,500 people.
Image:

The companies supported by the six Albion VCTs currently employ approximately 3,500 people.

Albion Capital has successfully raised funds from completed top-up offers across its six venture capital trusts (VCTs) to support high growth young UK technology companies.

£96.5m in funds raised will help support a strong pipeline of exciting new opportunities to propel growth from 'rising stars' within the existing portfolio of around 70 businesses. The fund house believes the long-term capital provided by the VCTs allows early-stage companies to innovate and contribute to the broader economy, mainly through job creation. Albion Capital: VCTs in demand by younger investors Will Fraser-Allen, Managing Partner at Albion Capital, said: "At a time of global economic and geopolitical challenges, I truly believe that VCTs, with their national footprint, c...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot