Octopus launches £30m AIM VCT fund raise

The Octopus AIM VCT and AIM VCT 2 offer access to around 75 qualifying companies on the junior market and the provider said it expected there would be a "good pipeline of further opportunities to invest". Octopus broke records in the last tax year when its Titan VCT raised £120m from investors. Having originally announced a £70m raise last summer, it subsequently extended the target by a further £50m in January. The firm believes it is riding a wave of interest in the tax-efficient space driven by changes to the lifetime pension allowance and the recent crackdown on buy-to-let investm...