Maven Capital Partners VCT Offers Close Early, Fully Subscribed
Funding | Apr 01, 2025 | Maven Capital Partners
Maven Capital Partners successfully closed their VCT share offers early, reaching a maximum fundraising goal of £40 million. Launched with a joint target of £20 million, the demand among investors led to the use of over-allotment facilities, effectively doubling the initial target. This move has been seen as a confirmation of investor confidence in Maven's investment strategy focused on the UK growth capital sector. The funds will be channelled into emerging UK businesses, leveraging Maven's extensive regional office network to support early-stage and growth-focused businesses. Maven's VCTs offer high diversification with exposure to over 120 private and AIM-quoted companies, offering investors benefits such as initial tax reliefs and exemptions from capital gains tax. This accomplishment underscores Maven's ability to identify and nurture entrepreneurial talent across a diversified portfolio.
Sectors
- Venture Capital
- Financial Services
Geography
- United Kingdom – Maven Capital Partners operates within the UK, and their VCTs aim to invest in emerging UK companies, utilizing the regional office network to identify domestic investment opportunities.
Industry
- Venture Capital – The article focuses on Maven Capital Partners' activity in the venture capital sector, specifically their venture capital trusts (VCTs) which target high-growth, early-stage UK companies.
- Financial Services – Maven's fundraising efforts and investment strategy relate to the financial services industry, offering products like VCTs, which provide tax incentives and facilitate investment in private and AIM-listed companies.
Financials
- £40,000,000 – The total amount raised through the Maven VCTs' subscription offers, reaching the maximum target after utilizing over-allotment facilities.
- £20,000,000 – Initial joint target amount for Maven VCTs' share offers before over-allotment.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Maven Capital Partners | PE Firm | Company | Maven Capital Partners is a private equity firm managing the VCTs discussed in the article, investing in the UK growth capital market. |
| Maven VCT 1 | Venture Capital Trust | Company | One of the four VCTs managed by Maven Capital Partners, targeting investment in private and AIM-quoted companies. |
| Maven VCT 2 | Venture Capital Trust | Company | Another VCT under Maven Capital Partners, offering diversified investment opportunities. |
| Maven VCT 3 | Venture Capital Trust | Company | Part of Maven's group of VCTs, focusing on early-stage and growth opportunities. |
| Maven VCT 4 | Venture Capital Trust | Company | One of the VCTs offered by Maven, participating in the fundraising described in the article. |