Albion Venture Capital Trust PLC (AAVC.L) LSE

40.00

+0(+0.00%)

Updated at December 06, 2024 03:02PM

Currency In GBp

Albion Venture Capital Trust PLC

Address

1 Benjamin Street

London, EC1M 5QL

United Kingdom of Great Britain and Northern Ireland

Phone

44 20 7601 1850

Sector

Financial Services

Industry

Asset Management

Employees

0

First IPO Date

April 01, 1996

Key Executives

NameTitlePayYear Born
Mr. Robert Whitby-Smith A.C.A., ACA, B.A., BA (Hons), MSIPartner and Investment Director01976
Mr. David Gudgin A.C.M.A., ACMA, B.Sc., BSc (Hons)Partner of Albion Ventures LLP01972
Mr. Vikash Hansrani A.C.A., ACA, B.A., BA (Hons)Company Secretary0N/A
Dr. Christoph Ruedig M.A., M.B.A.Partner of Albion Ventures LLP0N/A
Mr. Emil Gigov A.C.A., ACA, B.A., BA (Hons)Partner of Albion Ventures LLP01971
Mr. Marco Yu MA, MPhil, MRICS, Ph.D.Investment Director of Albion Ventures LLP01978
Mr. William Thomas Fraser-Allen A.C.A., ACA, B.A., BA (Hons)Deputy Managing Partner of Albion Ventures LLP01972
Mr. Patrick H. Reeve A.C.A., M.A.Managing Partner of Albion Ventures LLP and Manager01961
Dr. Andrew Elder FRCS, M.A., MAPartner of Albion Ventures LLP01972

Description

Albion Venture Capital Trust PLC is a venture capital trust. It does not invest in companies that deal in property or shares and securities, insurance, banking, agriculture. The fund's investments are normally structured as a mixture of equity and loan stock, with a majority of loan stock. Its portfolio company gross assets must not exceed £15 million ($18.67 million) immediately prior to the investment and £16 million ($19.92 million) immediately thereafter. The fund seeks to invest in qualifying quoted and unquoted companies. It seeks to make investments in healthcare and environmental sectors in the United Kingdom. It seeks to hold 50 percent stake in the portfolio company. The fund typically holds its investments for a period of five years. It invests in shares or securities including loans with a five year or greater maturity period. It invests alongside selected partners with experience in the sectors concerned. Other than the loan stock issued by the fund, portfolio companies do not normally have external borrowings.