What is fuelling the growing demand in VCTs?
- On October 13, 2021
- By GrowthInvest Marketing
Venture capital trusts (VCTs) have experienced momentum over the past few months, with several rounds of impressive fundraising.
Alex Davies, the founder of Wealth Club, even predicted that this could be the “best ever year” for VCT sales.
Take Amati AIM VCT for example that raised £40m in just four working days. Launched on Friday 30 July, the fundraising closed on Wednesday 5 August at 2.30pm.
This means it raised approximately £6.7m every day if you include the weekend.
Later in August, Octopus Investments closed its AIM VCTs after raising £40m within 24 days.
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