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VCTs: A “cuddly” option?
VCTs (Venture Capital Trusts) are perceived as a more “cuddly” option compared to VCs, according to Pam Garside, board member and investor at Cambridge Angels. She feels there is not the same urgent pressure for investee companies to exit as there is with traditional VCs. The comments came at a VCT event hosted by the AIC (Association of Investment Companies) on November 7. The event focused on the changing landscape of the venture capital scheme, post the risk-to-capital condition that was announced in the 2017 Budget. Holding on to expert talent Financial journalist, David Stevenson, questioned a panel of VCT… continue reading
November 8, 2018