Unicorn to launch £15m AIM VCT top-up

While Ingenious launches Vision VCT

Tom Ellis
clock • 2 min read

Unicorn Asset Management is set to launch an offer for subscription to raise £15m for its AIM VCT while, elsewhere, provider Ingenious has launched the Vision VCT.

Unicorn will seek to raise the funds through new ordinary shares with an over-allotment facility to raise a further £10m. The prospectus is expected to be available later in January. The Unicorn AIM VCT currently has net assets of around £165m and the firm said the size of the trust allowed it to access "an established, diverse and strongly performing portfolio of investments". The firm manages around £300m in alternative investment market (AIM) stocks across its venture capital trust (VCT) and UK OEICS. Unicorn AIM VCT manager Chris Hutchinson (pictured) said: "We expect to see a pos...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

CGT liabilities surged 89% in 2024-25 tax year as Budget changes hit

CGT liabilities surged 89% in 2024-25 tax year as Budget changes hit

HMRC collects £24.2bn with £127bn gains reported

Sophia Panayi
clock 27 August 2026 • 3 min read
Advisers back tax wrapper decision framework in 'complex' environment

Advisers back tax wrapper decision framework in 'complex' environment

Statistics from Great Wrapper Reset paper

Jenna Brown
clock 18 August 2026 • 2 min read
Financial planner Depledge partners with law firm for IHT on pensions prep

Financial planner Depledge partners with law firm for IHT on pensions prep

Unspent pension pots come into scope in eight months

Isabel Baxter
clock 17 August 2026 • 3 min read