Puma Investments has raised £223m across 12 VCTs, and has launched the Puma 13 VCT with a minimum subscription of £5,000 and initial charges of 3%.
Portfolio investments for Puma include Brewhouse & Kitchen, as well as Growing Fingers. The fund in general provides growth capital, project and property finance and working capital for businesses. In terms of types of companies invested in, investee companies usually need to display a significant level of assets and/or a predictable revenue stream upon which the investment can be secured. One of the companies key selling points is a proven investment team - with an Investment Manager with more than 19 years of experience - investing in growth businesses, seeking to generate stable returns for investors.