Founded in Maven Income & Growth VCT aims to provide long term capital appreciation and generate maintainable levels of income for shareholders.
The fund typically provides development and replacement capital, but also supports MBOs, acquisitions and expansions.
Maven boasts over £400m capital under management. The fund is generalist and as such invests in a number of sectors, however they prefer to invest in companies proven management team which has the relevant experience in their particular sector. Other advantages that they look out for are a strong market position or niche, products or services with a competitive edge or companies with a strong USP. They are also looking for a company with a credible marketing strategy capable of delivering growth in both sales and earnings.