Velocity achieves 6.6x return on a partial exit
- On September 1, 2017
- By GrowthInvest Admin
We are delighted to announce Velocity SEIS Consumer Technology Fund achieved a 6.6x return on a partial exit in respect of one of its holdings in May 2017 within 13 months of investment. Velocity has also obtained an approved valuation for the overall SEIS fund portfolio at 3.6x within the same 13 month period.
Successful exits with SEIS and EIS investments are extremely rare so this is a truly unique achievement, especially given that the Velocity Tech Fund is only in it’s second year of running.
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