VCT close puts wind up investors

According to Ventus’ figures, it is the most raised for a specialist VCT, the most raised for a first time manager – Climate Change Advisory – and the largest retail investor fund raising for a renewables investment. Ventus also claims that its business plan has paved the way for other VCTs to attract investors who may be concerned over liquidity issues caused by lack of a secondary market and discounts to NAV. Ventus says its offer of dividend payments on the basis of power supply contracts already negotiated – which should also provide forward earnings visibility – will increase second...