Puma VCT 13, a prominent venture capital trust, has unveiled its ambitious plan to raise £70 million, comprising an initial £50 million with an option for an additional £20 million overallotment. This announcement comes on the heels of the VCT’s impressive growth, boasting net assets surpassing £100 million and a diverse portfolio of 16 flourishing companies.

A closer look at Puma VCT 13’s portfolio reveals a strategic concentration, with its top three investments representing nearly one-third of its total assets. Over the past three years, the VCT has showcased a remarkable NAV total return of 54.8% as of June 2023. Furthermore, Puma VCT 13 has set its sights on delivering an average annual dividend of 5p to its investors.