Octopus Investments becomes first manager to reach £1bn AUM
- On February 21, 2019
- By GrowthInvest Admin
Octopus Investments, part of Octopus Group and the largest provider of venture capital trusts (‘VCTs’) in the UK1 has today announced it has passed the £1 billion milestone in VCT assets under management.
Octopus is the first and only investment manager to reach this milestone, which comes after recent fundraising. The assets are spread across Octopus’ four VCTs, which are currently supporting more than 200 portfolio companies.
According to the latest figures from Association of Investment Companies (AIC), Octopus manages almost 25% of all VCT funds, which amount to £4.25 billion2.
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