Oberon reboots AIM VCT to benefit from 'oversold' market

Intention to raise £5m

Oberon Investments has relaunched an AIM VCT to take advantage of the potential for a rebound in small-cap stocks.

The £1.4m Oberon AIM VCT is an overhauled version of the former New Century AIM VCT 2, which Oberon renamed in July 2024. Oberon is aiming to raise £5m through the VCT, with an over-allotment facility of £3.4m. The offer is open until 1 December 2025 unless the VCT is fully subscribed before then.  IW 30: VCTs three decades on and the need for reform to secure their longevity The VCT will be managed by a team led by fund manager Simon Like, and include senior investment manager Paul Sheehan and senior fund director Richard Penny, who joined Oberon in December 2024. The relaunch ...