With only a handful of the established VCTs yet to declare their fundraising intentions for this year, writes Jack Rose, the landscape for 'tax season' is becoming clearer
All the early signs are that, yet again, it is shaping up to be another very strong year for Venture Capital Trust (VCT) fundraising. As it currently stands there is around £650m of capacity available (through a combination of initial offers and over-allotment facilities) with at least a couple of the established VCTs yet to announce their intentions. As we head into October things are already in full swing with close to £50m already raised for offers open this tax year. Encouragingly, and on the back of a number of successful new VCT launches last year (Seneca and Draper), there looks t...
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