News

Downing FOUR targets £30m with addition of two new share classes

Downing has partnered with the life science group BioScience Managers, to offer a new Healthcare share class to VCT investors. The new share class, which will be added to the Downing FOUR VCT, is targeting to raise up to £10m and for the first time it will allows investors to make monthly contributions, which will be allocated quarterly. At the same time Downing FOUR is looking to raise up to £20m in a new Generalist share class, which like the new healthcare share class, will pursue ‘evergreen’ as opposed to ‘planned exit’ strategies. Evergreen VCTs have no fixed life and… continue reading

December 21, 2016