Octopus Investments is seeking to raise up to £25m for its latest launch, Titan VCT 3, which is designed to deliver strong returns through investment in to smaller unquoted UK companies.
The launch follows continued demand seen by the firm's Titan twin VCT 1 and 2, which has successfully raised over £30m since its was introduced in November 2007. Octopus pointed out that the unquoted companies sector has traditionally generated higher returns for investors than those associated with larger UK quoted companies. Subsidiary Octopus Ventures will over see the strategy on the VCT. The typical deal size of any investment will range from £500,000 to £2m with emphasis on opportunities within key market growth sectors. Risk will be minimised by ensuring that the underlying invest...
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