Octopus Starts New Titan VCT

Octopus Investments has added a new fund to its Octopus’ VCT range.

Octopus Investments has added a new fund to its Octopus’ VCT range, Financial Times reports. The Octopus Titan Venture Capital Trust (VCT) 5 will seek to raise about £30 million. The fund will provide individual investors an opportunity to access potentially higher investment returns through a combination of income tax relief and tax-free capital growth from a portfolio of early stage U.K. companies. The VCT series has already raised £70 million.

Click here for the story from Financial Times.