Albion Capital has successfully raised funds from completed top-up offers across its six venture capital trusts (VCTs) to support high growth young UK technology companies.
£96.5m in funds raised will help support a strong pipeline of exciting new opportunities to propel growth from 'rising stars' within the existing portfolio of around 70 businesses. The fund house believes the long-term capital provided by the VCTs allows early-stage companies to innovate and contribute to the broader economy, mainly through job creation. Albion Capital: VCTs in demand by younger investors Will Fraser-Allen, Managing Partner at Albion Capital, said: "At a time of global economic and geopolitical challenges, I truly believe that VCTs, with their national footprint, c...
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