Unicorn has opened a £30m offering on its venture capital trust (VCT) fund listed on the alternative investment market (AIM).
The AIM-focused VCT claims to be the biggest of its kind with net assets of about £160m. Its last AIM VCT offer opened for £15m and was filled within two weeks, according to the firm. Manager of the Unicorn AIM VCT Chris Hutchinson said: "The majority of our investee companies are in sound operational and financial health and many of them are now dividend paying companies in their own right. Importantly, we also continue to see a healthy flow of earlier stage, VCT-qualifying investment opportunities. "Despite the somewhat uncertain economic and political outlook, we therefore remain c...
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