About This Fund
YFM Equity Partners has closed its latest listed fund, British Smaller Companies Venture Capital Trusts (VCTs), with £90m of committed funds in place. The fund fulfills its original £65m offer plus an overallotment facility of £25m. YFM’s British Smaller Companies VCT was first listed in 1996 and was followed by the British Smaller Companies VCT2 in 2000. The funds currently have more than 15,000 shareholders in place. The firm’s VCT investment strategy seeks to build a broad portfolio of investments in early-stage, smaller companies that are focused on growth. Their portfolio includes Matillion, a Manchester-based cloud data integration platform. With the latest fund close, YFM intends to invest across the UK, building on its regional presence established by offices in London, Leeds, Reading, Manchester and Birmingham. The firm seeks to support small, ambitious businesses that are carving out leading positions in their sectors from their regional bases. The investment strategy focuses on technology companies, with a bias towards data, tech-enabled services, and new media.