Gresham House works on complimentary funds for Mobeus VCTs amid fundraising

Act as feeders to existing VCTs

Eve Maddock-Jones
clock • 2 min read

A year on from the acquisition by Gresham House of the Mobeus VCT business, the former has said it is planning releasing funds to sit alongside its existing VCTs.

Speaking to Investment Week, Trevor Hope, manager of the Mobeus VCTs and CIO at Gresham House Ventures, revealed that work had begun on creating a new group of funds to go alongside the VCTs. He said: "Those funds could be specialist sort of sub sectors, or it could [invest in] things which the VCTs are not allowed to do". Hope explained there was an "opportunity" to provide investors with a "vehicle sitting alongside the VCTs" and for companies, totally rounded support with "nothing blocking them from a strategic perspective as an investment partner". "So there is scale and there ...

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