Octopus Investments has passed £1bn milestone in VCT assets under management
- On February 28, 2019
- By GrowthInvest Admin
Octopus Investments, part of Octopus Group and the largest provider of venture capital trusts in the UK, has passed the £1bn milestone in VCT assets under management.
The firm told GBI Magazine that it 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, Octopus manages almost 25% of all VCT funds, which amount to £4.25 billion2.
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