Baronsmead VCT set to meet £10m target

The vehicle, which invests in AIM-traded companies and uses private equity disciplines as well as the ISIS team’s sector based expertise to maximise returns, aims to raise £10m by April 4 this year. The chairman of the offering, Peter Lawrence, said the inflows had come from a number of sources. “Existing shareholders and shareholders in the other four generalist Baronsmead VCTs have contributed to the funds raised to date, on top of good support from investment IFAs,” he said. The inflows come on the back of the VCT’s total return of 9pc which has been achieved since the launch of...