Asset Management

Gresham House reports pretax profit amid plans to fundraise for acquisitions

Gresham House said it intends to acquire the Venture Capital Trust business from Mobeus Equity Partners for an initial consideration of £24.0m

Gresham House said on 10 September that it swung to an operating pretax profit for the first half as total income increased, and that it was well set to achieve its priorities for 2021.

The London-listed investor in small public companies said operating pretax profit was £6.2m ($8.6m) compared with an operating pretax loss of £1.6m for the first half of 2020.

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