Puma Investments’ latest venture capital trust, Puma VCT 11 which to date has raised £30 million and is the largest Puma VCT fund raise, has activated its over-allotment facility to allow for receipt of applications over the £30 million target.

The final closing date for applications for Puma VCT 11 is 12.00pm on Friday, 29 May 2015.

Puma VCT 11 raised more than any other planned exit VCT in the 2014/15 tax year and was one of the largest single VCT fundraisings of the 2014/15 tax year*. This strong demand reflects a continued desire amongst investors for the defensive qualities associated with Puma’s market leading asset-backed investment strategy.

Commenting on the subscription level, David Kaye, Puma Investments Chief Executive, said: “Since the end of the 2014/15 tax year, we have seen continued interest in Puma VCT 11. In activating the over-allotment facility investors have the opportunity to invest right up to the closing date. Our highly experienced investment team sources top quality investment opportunities from across the UK to provide asset-backed funding to the SME market, supporting successful British entrepreneurs.”