British Smaller Companies VCTs launch £90m fundraise

Combined net assets of £334.5m

Cristian Angeloni
clock • 1 min read

The two British Smaller Companies venture capital trusts have launched a fundraise for up to £90m today (20 September).

This will comprise of a £65m fundraise and an over-allotment option of up to £25m. Managed by YFM, the two VCTs tend to investment between £2m and £6m at a time in companies with at least £1m of revenue. They tend to prefer established businesses looking for their next phase of growth over start-ups. The two trusts have combined net assets of more than £334.5m and a portfolio of 41 companies, focusing on technology and with a bias towards businesses focused on data, application software, tech-enabled services and new media. Puma VCT 13 launches fundraise for up to £70m In the fi...

To continue reading this article...

Join Investment Week for free

  • 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

More on VCTs/EIS

Maven Renovar VCT slapped with general meeting requisition in bid to oust board

Maven Renovar VCT slapped with general meeting requisition in bid to oust board

Section 303 notice lodged

Linus Uhlig
clock 30 June 2025 • 3 min read
Oberon reboots AIM VCT to benefit from 'oversold' market

Oberon reboots AIM VCT to benefit from 'oversold' market

Intention to raise £5m

Beth Brearley
clock 22 May 2025 • 1 min read
Puma Investments launch marks comeback for AIM VCT listings

Puma Investments launch marks comeback for AIM VCT listings

Targeting 'compelling returns'

Beth Brearley
clock 15 May 2025 • 2 min read
Trustpilot