Albion Capital launches £50m fundraise across VCT range

Over-allotment of up to £30m

Valeria Martinez
clock • 1 min read

Albion Capital is seeking to raise up to £50m, with over-allotment facilities of up to a further £30m, through top up offers across its six venture capital trusts.

The funds raised will be deployed into the VCTs' pipeline of investment opportunities across high-growth UK businesses in the healthcare and B2B mission critical software sectors, the firm said.  Following Albion's fundraise of £96.5m earlier this year, the top up offers will aim to provide sources of capital to early-stage companies as they enter new markets and develop new products, as well as to provide further support to its existing portfolio of 60 companies. Albion and Northern push VCT sales to £580m this year Will Fraser-Allen, managing partner at Albion Capital, said: "202...

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