Maven launches up to £30m fundraise across Income and Growth VCT suite

Net assets of £280m

Four Maven VCTs have launched an offer for subscription to raise £20m, with a £10m overallotment.

With total net assets of £280m, the VCTs partaking in the raise are: Maven Income and Growth VCT, Maven Income and Growth VCT 3, Maven Income and Growth VCT 4 and Maven Income and Growth VCT 5. Between September 2018 and September 2023, they have generated NAV total returns of between 8.9% and 13.1%. Molten Ventures VCT launches up to £40m fundraise They have portfolios of over 100 companies selected for their defensiveness and high growth potential. Some of the largest holdings include Horizon Cremation, Bright Network and BioAscent. Across the range, Maven has completed 36 new...