By Robert Stock Northern Venture Managers reached its minimum subscription level of £1m on the secon...
By Robert Stock Northern Venture Managers reached its minimum subscription level of £1m on the second day of the offer period on its current venture capital trust offering, the Northern Aim VCT. NVM hopes to raise £20m during the launch of the trust, which is the first from the group since its purchase by Edinburgh Fund Managers in June this year. The trust, which is offering IFA commission of 3% initial, is designed to focus on recent issues on Aim and will take part in pre-flotation placings by unlisted companies and later-stage venture capital investments. Interest in VCTs is increas...
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