Ingenious Live VCT toasts £18m breakthrough

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THE Ingenious Live VCT range has raised more than £18m for investment in the live entertainment sector, making it one of largest specialist VCT funds launched in the 2006/7 tax year.

Ingenious Live VCTs invest in the live events sector, including concerts, festivals, conferences, trade fairs, exhibitions, sporting events and theatre, at a time when there is significant growth in the market. Previous investments include music festivals in both London and Liverpool. The entertainments investments specialist has also confirmed a new agreement with The Rival Organisation to co-promote a number of huge open air concerts in 2008. The Rival Organisation is one of the main players in the open air concert market and last year organised a successful series of concerts at venu...

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