Gresham House Baronsmead and Mobeus VCTs to share all future private equity investments

Gresham House added £369m in AuM

James Baxter-Derrington
clock • 2 min read

The Baronsmead and Mobeus VCTs are set to invest collectively in all future private equity deals, following the latter’s acquisition by Gresham House earlier this year.

Speaking to Investment Week, managing director, strategic equity at Gresham House Bevan Duncan said that investors "should not see a private equity deal done next year which is just Baronsmead or just Mobeus". "There is an allocation policy, which splits that new deal among those six VCTs as a set percentage," he explained. "There is a very clear mechanical allocation policy that is going to be applied to those funds as they start investing alongside each other." Octopus Titan VCT raises £200m in four weeks Gresham House acquired the four trusts from Mobeus Equity Partners last mon...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

Trustpilot