Gresham House has today (1 October) completed the acquisition of Mobius Equity Partners’ VCT arm, following an initial announcement last month.

The acquisition will see Gresham House gain four new VCTs with a combined AUM of £369m: Mobeus Income & Growth, Mobeus Income & Growth 2, Mobeus Income & Growth 4 and the Income & Growth VCT.

The purchase means Gresham House now has £850m under management in VCTs, which the firm said will “help enhance returns for Mobeus and Gresham House’s VCT investors and further accelerate growth of the group’s VCT AUM”.

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