Seneca Growth Capital VCT
Seneca Growth Capital VCT Plc is a generalist VCT aiming to generate returns from a diverse portfolio of both private and AIM quoted growth capital investments. These investment returns are intended to provide Investors with an attractive income stream and also capital growth over the longer term. The VCT is managed by Seneca Partners Limited.
The Company has now raised more than £17m since launching the B Share class in 2018 and paid 10.5p per B Share in dividends since inception.
The B Share Pool has made a total of 24 investments since launch and achieved seven full and partial exits at a 1.9x weighted average return. Seneca has continued to increase the spread of B Share portfolio investee companies, with a healthy range of underlying sectors, including but not limited to life sciences, software, e-commerce, and manufacturing now being represented in the B Share portfolio.
***Early Incentive discount of 1% on the promoter fee before 31st October 2022***
***Loyalty Incentive discount of 0.5% on the promoter fee before 31st October 2022***