Publication of Brochure by the Northern VCTs
Northern Venture Trust PLC, Northern 2 VCT PLC and Northern 3 VCT PLC (known as the “Northern VCTs”) have published an offer document (“Offer Document”) to raise up to £30 million in the 2026/27 tax year (£10 million for each VCT) (“the Offers”).
The Offers will open to applications at 8.00am on 30 September 2026 and be dealt with on a “first-come, first-served” basis. In recognition of the loyalty of the Northern VCT shareholders, existing shareholders on the register of any of the Northern VCTs as at 10 June 2026, along with their spouse or civil partner, whose applications for shares in any of the Northern VCTs are accepted, will benefit from a reduction of 0.5% in the offer costs.
Mercia targets up to £500m for UK Real Estate Development Fund
Mercia Asset Management PLC is seeking commitments for up to £500million for its UK Real Estate Development Debt Fund, providing institutional investors with access to a specialist private credit strategy focused on UK industrial and logistics developments.
The fund will provide senior secured lending to experienced developers, with all investments benefiting from first-charge security and a disciplined underwriting framework.
The strategy is managed by Frontier Development Capital (FDC), part of Mercia Asset Management.
Mercia announces its Annual Report & Accounts 2026
Mercia Asset Management PLC is pleased to announce the release of its Annual Report & Accounts 2026.
Mercia empowers UK businesses to innovate and grow, forging long-term partnerships
Fuelling UK business ambitions, we provide venture capital, business loans and private equity ranging from £100k to £10m to accelerate growth and impact. Our mission is to be the first-choice provider of capital for businesses that typically seek up to £10million. We strive to be a responsible long-term investment partner, pledging far more than capital when we invest in your business.
Looking for investment?
Mercia Ventures
Venture capital up to £10m
Mercia Business Loans
Business loans up to £2m
FDC
Growth Capital up to £8m
Mercia PE
Private Equity up to £10m