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Albion VCTs Open £50m Top-Up Offer
The three Albion VCTs have opened a £50 million top-up offer.
The Albion VCTs have today opened applications for a £50 million top-up offer. An over-allotment of up to £30 million is also available.
The fundraise reflects Albion’s confidence in the UK’s vibrant entrepreneurial ecosystem and provides fresh capital to support high-growth businesses in transformative sectors such as B2B software, Healthcare, and DeepTech.
This launch follows a year of record-breaking activity for Albion, highlighted by strong investment performance and the landmark exit of cloud security platform Egress to US-based KnowBe4, generating over £60 million in proceeds for the Albion VCTs.
The three VCTs participating in this offer have delivered average annual returns of 5.8% and 7.4% p.a. over five and 10 years to 30 June 2024, excluding tax relief.
Click HERE to read more on Investment Week.
