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Close Brothers Development VCT raises required £3m

The Close Brothers Development VCT launched in December 1999 has raised its minimum subscription of £3m.


It believes it is on course to raise £15m.


Managing director Patrick Reeve says: &#34The launch of our Development VCT was timed to assist investors with potential CGT liabilities dating back as far as 27th January 1998.&#34


IFA introductory commission is 2.5 per cent.

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