UK funds boutique Octopus Investments is eyeing further growth, with renewable energy a focus, after profits at the country's largest venture capital trust provider surged by a third in the 12 months to April 30, 2015.

After-tax profits at the boutique's parent Octopus Capital rose to £35.6 million from £26.8 million in the prior 12-month period, while revenues climbed 59% to £120.1 million from £75.6 million over the same timeframe, according to its latest accounts filed at Companies House.