Albion Capital is seeking up to £80m in its latest venture capital trust (VCT) fundraise, launched on Friday (7 January) with the aim of driving further investment across its portfolio of high-growth UK businesses.
The fundraise also includes over-allotment facilities of up to a further £20m in aggregate through top up offers across its six existing VCTs. The fundraise launch follows Albion's VCT fundraise of £58.5m in 2021 and is said to reflect the business's ongoing objective of "delivering sustainable growth" and new investment across its target sectors of B2B software, healthcare and "mission critical" enabled services. VCT industry cautiously hope for budget boost Will Fraser-Allen, managing partner at Albion Capital, said: "This new fundraise demonstrates Albion Capital's ongoing commi...
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