Octopus takes over management of Close VCTs

In addition to this, Andrew Buchanan and Kate Tidbury, managers of the Close AIM VCTs, will be moving to Octopus from Close to continue the day-to-day management of the funds. Chris Hulatt, a director Octopus Investments, said: "We are delighted to be taking over the management of these three AIM VCTs and to be welcoming Andrew and Kate, both highly regarded investment professionals, to Octopus. "We believe that the transfer of these funds further cements our position as the leading UK smaller companies house, with more than £0.6bn invested across our 15 VCTs, our IHT and EIS portfolio...