UK-based Baronsmead Venture Trust plc is a tax-efficient venture capital trust. It provides capital as well as technical expertise to help and support entrepreneurial business on their journey. It invests in some of the best early-stage business in the UK, and works along with them on their growth path, across all the market cycles. It was founded in the year 1998, and its headquarters are situated in London. The company is listed and traded on the on the premium segment of the London Stock Exchange. The alternative asset manager of Baronsmead Venture Trust plc is Gresham House Asset Management Limited, which is regulated and authorised by the Financial Conduct Authority.
The investment objective of the company is to create a high-quality portfolio of diversified UK growth businesses, to maximise the long-term risk-adjusted returns for private investors, including tax-free dividends. The businesses in the portfolio can either be listed on the Alternative Investment Market (AIM) or be unquoted as well. The investments are primarily made companies showing a growth potential, across a wide range of sectors, including hospitality, healthcare, and technology. Using the expertise and in-depth knowledge of its investment professionals, the company helps businesses grow and become the heart of the future economy of UK. Investments can be made in the Baronsmead VCTs by buying shares of companies when they raise VCT funds through new share issuance, or else shares can also be bought in the VCTs on the secondary market, but in this case, the VCT tax relief benefits won’t apply.
Baronsmead Venture Trust plc follows a well-defined framework of corporate governance and is a member of Association of Investment Companies (AIC). It complies with the 2019 AIC Code of corporate governance which addresses all the principles of the UK Corporate Governance Code 2018. The company promotes the culture of integrity and accountability and upholds its commitment towards financial transparency. Apart from fulfilling its corporate responsibilities, the company also tries to fulfil its social as well as environmental responsibilities. It focuses on responsible investments and sustainable business solutions and practices to reduce its carbon footprint and fight the menace of climate change while keeping sustainability at the heart of its business under its comprehensive ESG framework.
It complies with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) to improve its climate-related reporting and implementation. It is also a signatory to the UN-supported Principles of Responsible Investment and the UK Stewardship Code. It strives to generate maximum financial returns, while creating long-term value for the business as well as the people and the planet, and for that it has been awarded the LSE Green Economy Mark.
Baronsmead Venture Trust Plc 5 New Street Square, London, EC4A 3TW, United Kingdom GBR
+44 207 506 5600