Albion Ventures has started fundraising for a top-up fund targeting six of its VCTs, aiming for a total of £15m.
The firm will hold a first close on 19 December, with the final closing to be held on 5 April 2013. It targets monthly tax-free income of 5.7%. Investments The investors will be exposed to six mature...
GPs will support the group's expansion and focus on digitalisation
Fresh capital will be used to improve the platform's technology and expand the company's trader network
Exiting investors reap a 1.7x multiple and 20.5% IRR following the sale
EBRD and Global Finance exit the business after investing €23.5m in 2011