Quester sets £30m target with launch of latest VCT

Quester launches its latest VCT this week and is aiming to raise £30m. Quester VCT3 will be structured on the same lines as Quester VCT1, launched in 1996 and Quester VCT2, launched in 1998. The two vehicles have between them raised £77m. The new trust will follow a similar investment policy. John Spooner, director at Quester, said: "We aim to achieve a broad spread of investment by having a diversified portfolio of growth businesses across different sectors and in various stages of development. Our investment strategy is to place special emphasis on technology-related business, particu...