Praetura Growth VCT celebrates listing on the London Stock Exchange
The London Stock Exchange welcomed the team from Praetura Investments to participate in the market closing following the first allotment of shares in Praetura Growth VCT. Praetura Growth VCT, a new launch from Praetura Investments, will primarily focus on investing in companies based in the North of England, enabling investors to diversify their portfolio and also help address the structural imbalance in the UK venture capital market. This was identified by Praetura’s research, which revealed there is a £9bn funding gap for Northern small businesses seeking capital for growth.
About Praetura Growth VCT
Following 13 years of venture investing and successfully managing EIS funds, Praetura has launched the VCT alongside its other open offers, the Praetura EIS Growth Fund and Praetura Inheritance Tax Planning Service. The VCT will be managed by Praetura’s venture capital arm, Praetura Ventures, and will co-invest alongside the established Praetura EIS Growth Fund.
“After 13 years of successful investing in EIS-qualifying companies, the launch of Praetura Growth VCT was largely driven by demand from financial advisers looking for another way to access alternative investments with Praetura.”
“A new VCT is extremely rare, with very few launched over the last decade. The launch underlines the strength of our differentiated proposition with a focus of investing in scale-up companies in the North of England where there is a significant opportunity for investors.”
Sam McArthur
Partner at Praetura Investments
Advisors and Participants
Praetura was advised by a distinguished team, including:
- Sponsor and Broker: Howard Kennedy Corporate Services LLP
- Legal Advisor: Howard Kennedy LLP
- Auditor: Macintyre Hudson LLP
- Tax Adviser: Philip Hare & Associates LLP
- Registrar: The City Partnership (UK) Limited
About Praetura
Praetura Investments is a trading name of Praetura Ventures Ltd and is a specialist provider of alternative investment offerings and tax efficient solutions. Praetura Investments has launched the Praetura Growth VCT to build its range of award-winning investment solutions, including the Praetura EIS Growth Fund and Praetura Inheritance Tax Planning Service.
Find out more about Praetura Growth VCT and follow them on social media for the latest updates.
