Albion Capital comments as 2024/25 VCT fundraising hits 3rd highest total on record, IFA Magazine

Following the recent oversubscription across Albion Capital’s VCT offerings, their Managing Partner Will Fraser-Allen has shared his comments on the latest industry milestone: £895 million raised this financial year.

Will Fraser-Allen, Managing Partner at Albion Capital Group LLP said:

“In a year defined by geopolitical uncertainty, we welcome the Association of Investment Companies’ announcement that Venture Capital Trusts (VCTs) raised £895 million, the third-highest total on record, to back ambitious UK startups. This news follows the Government’s Spring Statement, which reaffirmed its commitment to working with the industry to consider the role of VCT tax reliefs to deliver its growth mission. Such long-term policy signals are essential as the sector celebrates £4.67 billion raised over the past five years and enhancements should include increasing the company age limit and the lifetime investment cap.

“Today, we remain bullish on the opportunity to back ambitious founders across software, healthcare, and deep tech. Following the successful close of our oversubscribed VCT offer, raising £80 million, we remain focused on channelling capital into high-growth businesses that deliver tax-efficient returns for investors while supporting innovation-led growth. While conscious of ongoing global market volatility, including trade tensions with the US, we believe there is long-term value in backing enduring trends and transformational technologies.

More on IFA Magazine here.