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About the company
Triple Point Venture VCT Plc is a United Kingdom-based venture capital trust (VCT). The principal activity of the Company is investment. The Company's objectives are to provide shareholders with up front tax relief and returns through capital appreciation and the payment of dividends. The Company's investment strategy is to offer exposure to venture capital investments and to maintain liquidity in cash or cash-based funds. Its investment policy is directed towards new investments in businesses which have the potential for high growth with the development or use of new technology being at the core of the commercial opportunity. The Company invests in various sectors, including retail, health, energy, aviation, hydroelectric power, field engineering, construction, veterinary, cybersecurity, logistics, content & design, ClimateTech, PropTech, HealthTech, FinTech, education, telecommunications, HR and others. Triple Point Investment Management LLP is the investment manager of the Company.
- Revenue in GBP (TTM)3.45m
- Net income in GBP1.41m
- Incorporated2010
- Employees0.00
- LocationTriple Point Venture VCT PLC1 King William StreetLONDON EC4N 7AFUnited KingdomGBR
- Phone+44 20 7201 8989Fax+44 20 7201 8950
- Websitehttps://www.triplepoint.co.uk/
Profile
| Management group(s) | Triple Point Investment Management LLP |
|---|---|
| AIC sector | VCT Generalist |
| ISIN | GB00BDTYGZ09 |
| Launch date | 12 Apr 2019 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
The Company’s Investment Policy is directed towards new investments in businesses which have the potential for high growth with the development or use of new technology being at the core of the commercial opportunity. All investments must provide the potential for a strong, positive, risk-adjusted return to investors. All investments will be made with the intention of growing and developing the revenues and profitability of the target businesses. The Company focuses on providing funding to unquoted companies at an early stage in their lifecycle to help them grow and scale. The Company will typically make initial investments of between £100,000 and £2 million and may make further follow-on investments into existing portfolio companies. The intention is to build a portfolio of predominantly unquoted companies with significant growth potential across a diversified range of sectors.
Managed by
| Seb Wallace |
|---|
Management & contract fees
Management fees (plus VAT) of 2.0% p.a. of the NAV, payable quarterly in arrear. Performance incentive fee of 20% of the excess are charged wholly to capital. The appointment shall continue for a period of at least six years from the admission of those shares.
Peer analysis
| Company | Revenue (TTM) | Net income (TTM) |
|---|---|---|
| Maven Income and Growth VCT 3 PLC | 2.62m | 687.00k |
| River UK Micro Cap Ltd | 4.35m | 3.26m |
| Maven Income and Growth VCT 5 PLC | 1.24m | -324.00k |
| Schroder BSC Social Impact Trust PLC | 2.65m | 1.05m |
| Alpha Real Trust Ltd | 7.37m | -929.00k |
| Life Settlement Assets PLC | 13.17m | 5.46m |
| RM Infrastructure Income PLC | 7.87m | 3.12m |
| Triple Point Venture VCT PLC | 3.45m | 1.41m |
| EPE Special Opportunities Ltd | 7.82m | 3.67m |
| Geiger Counter Ltd | 40.84m | 38.48m |
| Ramsdens Holdings PLC | 88.57m | 7.77m |
| Barings Emerging Emea Opportunities PLC | 12.14m | 10.75m |
| Migo Opportunities Trust PLC | 10.03m | 8.32m |
| New Star Investment Trust plc | 15.87m | 14.68m |
| Livermore Investments Group Ltd | 18.78m | 15.50m |
| Octopus Aim VCT 2 PLC | 810.00k | -1.21m |
