Puma AIM VCT Pioneers New Era in AIM-focused Investments on London Stock Exchange
Deal News | May 14, 2025 | Puma Investment Management Limited

Puma Investment Management Limited has launched the Puma AIM VCT plc on the London Stock Exchange, marking the first new AIM-focused Venture Capital Trust (VCT) to debut in 18 years. This VCT targets small and growth-oriented companies listed on AIM, aiming to provide investors with compelling returns while offering various VCT tax reliefs. The launch is in response to feedback from advisers and wealth managers, aiming to capitalize on opportunities in scale-up businesses with proven commercial propositions. Puma's experienced investment team, with over 50 years in AIM market expertise, is led by Dr. Stuart Rollason alongside Daniel Cane and Joseph Cornwall. The VCT's independent board includes seasoned professionals like Jonathan Di-Stefano and Lynn Drummond. The first investment by Puma AIM VCT is in Quantum Base plc, a company specializing in quantum science authentication technologies, supporting its product development and commercial expansion.
Sectors
- Financial Services
- Technology
Geography
- United Kingdom – The launch of the Puma AIM VCT takes place on the London Stock Exchange, and its first investment, Quantum Base plc, is a UK-based company.
Industry
- Financial Services – The article discusses the launch of a Venture Capital Trust (VCT) focused on investments in companies traded on the AIM, part of the financial services industry.
- Technology – Quantum Base plc, the first investment made by Puma AIM VCT, operates in the quantum science sector, a subset of the technology industry.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Puma Investment Management Limited | PE Firm launching the VCT | Company | Puma Investments is a leading venture capital and VCT provider, launching the new Puma AIM VCT. |
Puma AIM VCT plc | Venture Capital Trust | Company | A newly launched VCT focused on investing in AIM-traded companies for growth and tax benefits. |
Quantum Base plc | Target company for investment | Company | A company focusing on quantum science technologies and authentication standards. |
Dr. Stuart Rollason | Investment Director | Person | Leader of the Puma AIM investment team with extensive AIM market experience. |
Daniel Cane | Investment Director | Person | Newly joined, focusing on small and mid-cap companies, with a history at Toscafund Asset Management. |
Joseph Cornwall | Investment Manager | Person | Previously led AIM IHT service at Gore Browne Investment Management. |
Jonathan Di-Stefano | Independent Chair | Person | Chair of the VCT's board, experienced in AIM-listed real estate companies. |
Lynn Drummond | Independent Director | Person | Director with a career in pharmaceutical and life sciences sectors, Chair at Zotefoams plc. |