Gresham House Baronsmead and Mobeus VCTs to share all future private equity investments

Gresham House added £369m in AuM

The Baronsmead and Mobeus VCTs are set to invest collectively in all future private equity deals, following the latter’s acquisition by Gresham House earlier this year.

Speaking to Investment Week, managing director, strategic equity at Gresham House Bevan Duncan said that investors "should not see a private equity deal done next year which is just Baronsmead or just Mobeus". "There is an allocation policy, which splits that new deal among those six VCTs as a set percentage," he explained. "There is a very clear mechanical allocation policy that is going to be applied to those funds as they start investing alongside each other." Octopus Titan VCT raises £200m in four weeks Gresham House acquired the four trusts from Mobeus Equity Partners last mon...