Clients raised £9.6m in an hour for Mobeus VCTs, setting a VCT fundraising record, targeting £90m.

Wealth Club clients raised £9.6 million for Mobeus Venture Capital Trusts (VCTs) within the first hour of their offering, setting a record for VCT fundraising. The target is £90 million, with £70 million plus a £20 million overallotment. Mobeus VCTs, managing £338.5 million in assets and 50 companies, aim to enhance liquidity and invest in early-stage UK firms. This initiative is expected to aid job creation and economic growth.