Octopus Investments has launched a £120m fundraise for its Titan VCT after its successful fundraise last-year.
The venture capital trust (VCT) could have more than £800m assets under management if the fundraise is fully subscribed. Last year it broke records by raising £200m of funds, with £120m of that coming in a single, record-breaking fundraise. Octopus said the fund was invested in a "well-established and diverse portfolio" of more than 65 smaller companies, specialising in tech-driven UK businesses. Octopus Titan VCT fund manager Jo Oliver said: "Titan has been investing in innovative early-stage companies for more than a decade now, and the pipeline of investment opportunities is as str...
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