Octopus Investments has launched a £30m fundraising for its two venture capital trusts (VCTs) that focus on companies listed on the Alternative Investment Market (AIM).
The fundraising will include a primary £20m level with a £10m overallotment facility, making the total offer of up to £30m. New investors will have the option to split their investment 60/40 between Octopus AIM VCT and Octopus AIM VCT 2, or put 100% of their investments in either of the two vehicles. Octopus Investments reshuffles senior leadership team in business restructure Octopus AIM VCT and Octopus AIM VCT 2 were launched in 1997 and 2005, respectively, and target companies with growth potential across various sectors including technology, healthcare and the environment. F...
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