Maven Capital Partners is looking to raise £30m in its venture capital trust (VCT) range to make the most of the SME investment opportunities it is seeing across the UK.
With the potential to take the amount raised to £40m with a £10m 'overspill' facility, Maven said it was launching the offers to take "advantage of the strong pipeline of new transactions in evidence across the Maven regional office network". Investors and their advisers will also be able to make the most of technology by completing and submitting their applications and payments online. Maven VCT 3 and VCT 4 have generated annual dividend yields of 10.9% and 8.7% respectively over the past five years, which includes the 30% initial tax relief available for new VCT shares, the firm sai...
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