Two more venture capital trust (VCT) providers have announced top-up fund raises as the market gears up for the peak fund-raising season in the next quarter.
Unicorn Asset Management announced it would launch a £15m offer for its popular AIM VCT early in the new year. The company's previous offer, in early January 2016, was fully subscribed within three weeks of launch. Also seeking a new subscription is Maven VCT 6, which hopes to raise £6m in top-up funds. It will be the only one of Maven's funds to raise money in this fund-raising season. Chris Hutchinson, manager of the Unicorn AIM VCT, said he continued to see attractive opportunities in AIM despite the rules introduced this year regarding the age of the companies AIM VCTs can invest ...
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