These are strange times, unpredictable times, and, tragically, sad times. We are being forced to find new ways to work and indeed live, but necessity continues to be the mother of all invention, and this time will be no different.
Some of our best investments were businesses forged in times of stress, and with 35 years of investing under our belt, we are here for the long run, with our eye on the decade to come, not only the coming months. Whether finding new ways to socialize or more efficient ways of working, creating new methods of access for products we never knew we needed, and developing rapid and radical responses to healthcare crises, many innovations will stick.
We are very much open for business and hungry for new investments (and with no commute time, there are plenty more hours in the day!).
This is also a time where our relationship with our existing investee companies is vital. We will endeavour to be practical, act fast, work with empathy and compassion, and share best practices. There will be difficult decisions for CEOs to make, and we will do our best to provide support and guidance where we have expertise.×
The ProVen VCTs are managed by Beringea LLP, a specialist private equity fund manager based in the UK which is authorised and regulated by the Financial Conduct Authority (FCA). Beringea LLP's FCA Firm Reference Number is 496358.
The market price of VCT shares may not reflect the full underlying net asset value ("NAV") of shares and shareholders may have dificulty in selling their shares and any sale is likely to be at a discount to the NAV.
The value of shares in a VCT and the income from them may fluctuate and investors may not get back the amount they invested. The market price of VCT shares is unlikely fully to reflect their underlying net asset value. It is possible that there may not be a liquid market in the shares of VCTs and shareholders may have difficulty in selling their shares. Any sale is likely to be at a discount to net asset value.
VCTs invest in a portfolio of small companies, which by their nature carry greater risk than larger, quoted companies.
Due to a number of the features and risk factors associated with VCTs, it is an investment that is more appropriate for HNWs/Sophisticated Investors.
To comply with the requirements of the Data Protection Act 1998, we adhere to strict security procedures and have taken all measures.