Brief: Northern Venture Trust Announces Sale Of Its Venture Capital Trust Fund Management Business

Northern Venture Trust

03/12/2019 07:48

Dec 3 (Reuters) - Northern Venture Trust PLC  NTHV.L :
    * NORTHERN VENTURE TRUST - NVM ANNOUNCED CONDITIONAL SALE OF
ITS
VENTURE CAPITAL TRUST FUND MANAGEMENT BUSINESS TO UNIT OF MERCIA
ASSET MANAGEMENT
    * NORTHERN VENTURE TRUST PLC - NVM VCT MANAGEMENT TEAM, LED
BY
PARTNERS TIM LEVETT AND CHARLIE WINWARD, WILL TRANSFER TO MERCIA
    * NORTHERN VENTURE TRUST - ACQUISITION OF MANAGEMENT OF
NORTHERN
VCTS TO INCREASE MERCIA'S TOTAL AUM BY OVER 50% TO ABOUT £770
MILLION

Source text for Eikon:  ID:nGNE1CrGV0 
Further company coverage:  NTHV.L 

 ((Reuters.Briefs@thomsonreuters.com;))