Albion News

Albion is pleased to announce two new video webcasts on our website. At the recent Albion Enterprise VCT PLC AGM on 11th August 2009, a presentation was made by Patrick Reeve, Managing Partner of Albion. Patrick covers a corporate overview, annual results of the Enterprise VCT and a portfolio update, highlighting in detail some examples of our investee companies. In addition, Hugh Bettesworth, CEO of Mirada Medical, presented an overview of his leading cancer software treatment business. Albion Video Presentation Mirada Medical Video Presentation   read more
Albion and Close Asset Management have joined forces to market their latest fund raisings; Albion Development VCT PLC, Close Trading Companies and the Freehold Income Trust along with a new fund launch from Close. Each investment offer combines either an income/growth strategy and/or significant tax reliefs. They will be marketed to investment advisers through a series of roadshows where the companies will showcase the benefits of their investments to IFAs and wealth managers across the UK. The companies will also survey the advisers at each of the venues to gain an understanding of their... read more
We are delighted to announce that Andrew Elder, Partner at Albion, has been nominated by HealthInvestor magazine as one of the ‘most influential’ people in the independent sector as voted by its readers. The HealthInvestor Power Fifty will be counted down at a gala lunch on 25 November at the Hilton Park Lane, central London. In alphabetical order, the HealthInvestor Power Fifty are… Ken Anderson (Managing Director Healthcare, UBS) Dean Arnold (Global Healthcare Leader, Deloitte) Justin Ash (Chief Executive, Oasis Healthcare) Paul Birley (Head of Healthcare, Barclays) Kate Bleasdale (... read more
Dexela Limited (London, UK) is pleased to announce that it has entered into an agreement with NovaRad (American Fork, Utah) to supply WorkstationOne software as part of NovaRad’s new mammography image viewer solution. WorkstationOne is developed by Dexela’s strategic software partner Three Palm Software and employs advanced “click once” screening workflow with expert viewing methodology and extensive PACS integration features to provide a highly efficient FFDM vendor independent solution. WorkstationOne supports multi-modality viewing and CAD structured reports and can generate recall and... read more
Albion is pleased to announce two new video webcasts on our website. At the recent Albion Protected VCT PLC AGM on 31st July 2009, a presentation was made by Patrick Reeve, Managing Partner of Albion. Patrick covers a corporate overview, annual results of the Protected VCT and a portfolio update, highlighting in detail some examples of our investee companies. In addition, Andy Kay and Mhairi FitzPatrick, Directors of 37 Degrees, presented an overview of their health club business. read more
Albion is pleased to announce two new video webcasts on our website. At the recent Albion Venture Capital Trust PLC AGM on 27th July 2009, a presentation was made by Patrick Reeve, Managing Partner of Albion. Patrick covers a corporate overview, annual results of the Albion Venture Capital Trust and a portfolio update, highlighting in detail some examples of our investee companies. In addition, Ali Kariminik and Hayleigh Parkhurst of the Crown Hotel presented an overview of their hotel business. read more
Albion, one of the UK’s leading venture capital investors, has today published research showing its investments into smaller companies have created over 2,000 full time jobs which will generate £16.5* million this year in income tax and national insurance. This annual contribution has doubled since Albion first conducted this research in 2007 over which time its investee companies have also created a further 850 jobs.** The government provides an incentive to for retail investors to invest in new shares in Venture Capital Trusts (VCTs) by offering income tax relief on their investment. This... read more
Albion has announced that it is launching a £25 million share issue for Albion Development VCT plc through a new issue of D shares during Autumn 2009. This is the fourth share issue since Albion Development VCT was launched in 1999. The new D shares will eventually merge with the existing ordinary shares after five years. This is Albion's first fundraising following the management buyout of Close Ventures in January 2009. The fund’s investment strategy is to establish a diversified portfolio of holdings in smaller, unquoted companies, whilst at the same time selecting and structuring... read more
Albion is delighted to announce that it was shortlisted as finalist in the ‘Investors of the Year’ category at the 2009 HealthInvestor Awards. The HealthInvestor Awards ceremony, held on 3rd June 2009 at the Hilton Park Lane, London was attended by 750 industry movers and shakers. The annual awards aim to promote excellence and recognise innovation in the healthcare sector. Albion has a strong track record of investment in the healthcare industry spanning over 13 years, with many successful investment exits such as Careforce Group Plc , Grosvenor Health Group Ltd and Intercare Ltd. We were... read more
Albion announces that it is investing £1.5 million into medical software company Mirada Medical to fund its MBO from Siemens. Mirada has developed software that allows medical images from multiple sources to provide greater clinical accuracy in diagnosis and treatment of medical conditions. Currently, scanning from MRI, CT or PET has specific advantages and disadvantages when imaging certain parts of the body. MRI is good at imaging organs and soft issues but less good at viewing tumours and bones, which a CT scan can show. Mirada’s software enables images from to be fused together to show,... read more

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