Seneca completes successful first close for venture capital trust
Seneca Partners, the specialist SME finance business, has completed a successful first close for its recently launched VCT (venture capital trust) offering, Seneca Growth Capital VCT, amid high demand from investors.
The VCT offering was launched in May and having already reached its initial fundraise target, the first £3.1m allotment of shares took place on August 23, 2018.
On the same day the VCT’s name was changed to Seneca Growth Capital VCT and Seneca was appointed as investment manager.
Haydock-based Seneca has the c... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...