Cliff Weight ,who has been instrumental in drawing attention to the greed of Albion partners, has just reported a 67% increase in pay for said partners.
Sadly, it is we investors who are paying them !!!
Well worth reading his missive on Sharesoc site today.
Got a credit card? use our Credit Card & Finance Calculators
Thanks to Wasron,jfgw,Rhyd6,eyeball08,Wondergirly, for Donating to support the site
Albion VCT
-
- Lemon Slice
- Posts: 412
- Joined: November 30th, 2018, 2:18 am
- Has thanked: 133 times
- Been thanked: 196 times
Re: Albion VCT
Cliff
Very well done on your campaign re AAVC, I see the RNS issued this morning states that after consultation the managers are reducing their excess over the hurdle from 20% to 15%.
About as much as we could reasonably have hoped for.
Very well done on your campaign re AAVC, I see the RNS issued this morning states that after consultation the managers are reducing their excess over the hurdle from 20% to 15%.
About as much as we could reasonably have hoped for.
-
- Lemon Slice
- Posts: 412
- Joined: November 30th, 2018, 2:18 am
- Has thanked: 133 times
- Been thanked: 196 times
Re: Albion VCT
Apologies, I thanked Cliff but I do know there were others involved as well, Tim for one, certainly !
I meant to say well done to all involved in acheiving this result.
I meant to say well done to all involved in acheiving this result.
-
- 2 Lemon pips
- Posts: 142
- Joined: November 6th, 2016, 7:16 am
- Has thanked: 3 times
- Been thanked: 77 times
Re: Albion VCT
I agree with all those sentiments. In particular, Tim produced an outstanding couple of pieces of very detailed research/analysis on VCT industry performance fee arrangements last September, which he posted on the Albion Venture VCT:AGM 2019 thread. They are required reading for anyone who wants a better understanding of industry norms, what is best practice - and what is not.
Return to “Venture Capital Trusts (VCT's)”
Who is online
Users browsing this forum: No registered users and 36 guests