Puma Investments has opened a £50m fundraise for Puma VCT 13, with an over-allotment facility of a further £20m.
The fundraise, which opened on Tuesday (24 September), will close by 5 April 2025 for shares to be allotted in the 2024/25 tax year, with a possible extension of no later than 11 September 2025 for 2025/26 tax year shares. Launched in 2017, the £159m VCT gives investors exposure to UK scale-up businesses that show "high-growth potential" and which provide "attractive but stable returns". Puma Investments taps into 'improving economic climate' with AIM VCT launch The move came against the backdrop of HM Treasury extending the VCT Sunset Clause to 2035, a decision described by CEO of...
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