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
