Committed Capital to launch new VCT

Venture capital trust fund aims to raise £25m by the end of May

Committed Capital has announced plans to launch a new dedicated UK-based venture capital trust fund to invest in a range of sectors including the technology, media and retail businesses. The subsidiary, Committed Capital VCT, is seeking to raise up to £25 million for the fund by the end of May.

The move marks a return of confidence in non-sector specific VCT's in the UK following Matrix Capital Partners launch of a similar-sized fund last November.

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