VCT Fundraising Spree

Mobeus Income & Growth is the latest venture capital trust (VCT) to launch a fundraising this week but keen investors should dive in before the well dries up.

The VCT season is in full swing, with Octopus, Albion and now Mobeus all announcing multi-million-pound fundraising initiatives within days of one another.
After a two-year long hiatus, VCT specialist Mobeus announced it intends to raise up to £80m across its four vehicles, a more modest figure than Octopus’ £200m target but higher than Albion’s £38m fundraise.

The offer from Mobeus, which includes an aggregate subscription of up to £50m, with over-allotment facilities to raise an additional £30m, comes in a year in which VCTs are expected to raise up to £1bn, nearly double last year’s record raise of £542m.

To read the full article, click here.

Source: Portfolio Adviser



020 7071 3945


Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.