Amati AIM VCT Appoints Maven as New Investment Manager
Deal News | Apr 16, 2025 | Maven Capital Partners
Amati AIM VCT plc, a £105 million venture capital trust, has appointed Maven Capital Partners as its new investment manager, effective May 1, 2025. The decision follows a strategic review launched in March 2024, aimed at overcoming challenges in the AIM market and improving shareholder returns. Subject to shareholder approval, Maven plans to implement an 'AIM Plus' strategy to diversify investments and include more private companies in the portfolio while maintaining some AIM exposure. Maven has a track record of successfully managing generalist VCTs and repositioning AIM-focused VCTs. The firm, which has extensive expertise in sectors like software, cybersecurity, and healthcare, aims to drive long-term performance improvements by stabilizing and expanding Amati VCT's investment reach. This strategic shift intends to address structural long-term issues in the AIM market and increase value for shareholders.
Sectors
- Venture Capital
- Financial Services
- Technology
Geography
- United Kingdom – Both Maven Capital Partners and Amati AIM VCT are based in and operate primarily within the UK, impacting UK companies and shareholders.
Industry
- Venture Capital – The article revolves around the appointment of a new investment manager for a venture capital trust, focusing on investment strategies within this sector.
- Financial Services – As Maven Capital Partners and Amati AIM VCT operate within financial markets, this industry classification highlights their role in investment management and financial advisory.
- Technology – Maven Capital Partners demonstrates sector expertise in technology industries such as software, cybersecurity, and fintech, which are key components of its investment strategy.
Financials
- £105 million – The total value of Amati AIM VCT plc, the venture capital trust undergoing a strategic change in investment management.
- £340 million – The total amount raised by Maven Capital Partners' four established generalist VCTs over 15 years.
- up to 8.2x – The exit multiple returns achieved by Maven Capital Partners since January 2021.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Maven Capital Partners | Investment Manager | Company | A private equity firm appointed to manage Amati AIM VCT's investments, leveraging its extensive experience in venture capital. |
| Amati AIM VCT plc | Venture Capital Trust | Company | A venture capital trust seeking to enhance its investment strategy by appointing Maven as investment manager. |
| Fiona Wollocombe | Person | Person | The Chair of Amati AIM VCT, commenting on the appointment of Maven as the new investment manager. |
| Bill Nixon | Managing Partner | Person | Managing Partner at Maven, expressing confidence in the partnership with Amati AIM VCT. |