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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Foresight 3 | FTD | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 56.50 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 56.50 | 56.50 |
| Top Posts |
|---|
Posted at 02/2/2005 11:55 by char1iegeorge Top performing VCT manager changes nameOn Monday 8th November 2004 the manager of the UK's top performing venture capital trust will change its name from VCF Partners to Foresight Venture Partners (www.foresightventur Bernard Fairman, Managing Partner of Foresight Venture Partners, said: “We have doubled the size of our operation in 2004 and we now manage funds for more than 5,000 shareholders. Our aim is to build on Foresight's position as the market leading VCT brand and that demands a clear image - using the VCF and Foresight names in parallel could be confusing. The Foresight brand is well known to VCT investors as the top performer across all VCT sectors. Foresight has also taken an industry lead by acquiring Advent's VCT management and business. We now manage three Foresight VCTs, with a fourth recently launched.' VCF Partners (now Foresight Venture Partners) took over the combined management of Advent VCT plc and Advent 2 VCT plc on July 30 2004. The Advent VCTs were then re-branded Foresight 3 VCT and Foresight 4 VCT. Foresight Venture Partners is currently raising £35 million for a new fund, Foresight 2 VCT. Foresight 3 VCT and Foresight 4 VCT last week achieved a combined £4.3 million exit by selling their stakes in DNA Research Innovations Limited (DRI) to Invitrogen Corporation (NASDAQ: NGN) of the USA. Foresight Technology C Shares VCT recently achieved the first of five expected IPOs in five months for its portfolio companies by seeing smartFOCUS float successfully on AIM (smartFOCUS is listed on landMARK at the London Stock Exchange). - ENDS - For more information please contact Matthew Locke at The Broadcast PR Business on 0208 297 2004 or Hazel Gross at Foresight Venture Partners on 01732 471803 |
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