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About us

The Hargreave Hale AIM VCT is managed by Canaccord Genuity Asset Management (CGAM), part of the Canaccord Genuity Group, a leading global financial services firm. The VCT's management team is based in London and led by Oliver Bedford who has been involved in the VCT since its inception in 2004.

Hargreave Hale AIM VCT management team

The Hargreave Hale AIM VCT is managed by Oliver Bedford, Lucy Bloomfield, Anna Salim, Archie Stirling and Abbe Martineau, with additional support from the rest of the CGAM team.

Photo of Oliver Bedford BSc MCSI

Oliver Bedford BSc MCSI

Lead Manager

Oliver Bedford graduated from Durham University with a degree in chemistry. He served in the British Army for nine years before joining the Investment Manager in 2004. After initially working as an analyst in support of the VCT, Oliver was appointed as co-manager in 2011 and then lead manager in 2019.

Photo of Lucy Bloomfield

Lucy Bloomfield

Co-Manager

Lucy Bloomfield joined the Investment Manager in August 2018. Prior to this she spent eight years as an analyst and UK Small & Mid-cap fund manager at BlackRock before her most recent role as a European Small & Mid-cap fund manager with Ennismore Fund Management. Lucy graduated from Durham University in 2007 with a degree in economics and is a CFA charterholder.

Photo of Anna Salim

Anna Salim

Portfolio Manager

Anna Salim joined the Investment Manager in April 2018. Her prior experience includes European lower mid-market private equity investments at Revolution Capital Group and equity research at Cormark Securities. Anna graduated from the University of Toronto and holds an MBA from the University of Western Ontario. She is a CFA charterholder.

Photo of Archie Stirling

Archie Stirling

Investment Analyst

Archie Stirling joined the Investment Manager in September 2021. Prior to this he spent eight years at KPMG, including five years in Transaction Services working for private equity and corporate clients. Archie graduated from Bristol University in 2013 with a degree in Economics and is a Chartered Accountant (ICAEW).

Photo of Abbe Martineau

Abbe Martineau

Legal Counsel

Abbe Martineau graduated from the University of Birmingham and went on to qualify as a lawyer in 2005. Her prior legal experience includes eight years at Freshfields Bruckhaus Deringer, where she advised international businesses on a range of corporate matters and strategic M&A, and eight years at Prudential plc, where she worked on delivering the group’s strategic priorities, including its first ESG report and the demerger of M&G. She joined the Investment Manager in 2023.

Photo of Nicky Warnes ACMA

Nicky Warnes ACMA

Head of VCT Administration

Nicky joined the administration team in 2009 and was appointed Head of VCT Administration in 2011. Nicky has been a Chartered Management Accountant since 2016.

Directors of the Hargreave Hale AIM VCT

The VCT’s board has six experienced non-executive directors, including five that are independent of the investment manager. Their duties include:

  • Overseeing delivery of the investment strategy
  • Monitoring compliance with VCT rules
  • Maintaining corporate governance standards
  • Producing reports and accounts for shareholders.
Photo of David Brock

David Brock

Chairman

Date of Appointment: 13 October 2010

David Brock is an experienced company chair in both private and public companies and a former main board director of MFI Furniture Group plc. David is chair of Molten Ventures VCT plc and ECS Global Group Ltd. David was appointed as Chair of the Board on 4 February 2020. 

Photo of Oliver Bedford BSc MCSI

Oliver Bedford BSc MCSI

Date of Appointment: 13 December 2016

Oliver Bedford sits on the Board as part of his role as lead manager at the Investment Manager in relation to the Company.

Photo of Angela Henderson

Angela Henderson

Management & Service Provider Engagement Committee Chair

Date of Appointment: 1 November 2019

Angela Henderson is a non-executive director at Macquarie Capital (Europe) Limited, Wells Fargo Securities International Limited and Polar Capital Global Financials Trust plc following an executive career in financial services. She has invested in early stage technology companies and held non-executive board seats in the asset management sector. Previously she has served on the governing body of a London hospital and a healthcare charity. She is a solicitor of the Senior Courts of England & Wales.

Photo of Justin Ward

Justin Ward

Audit Committee Chair

Date of Appointment: 1 November 2020

Justin Ward is a qualified Chartered Accountant and a non-executive director and Chair of the Investment Committee of The Income and Growth VCT PLC and Chair of Schroder British Opportunities Trust plc.  He is also a non-executive director of  School Explained Limited and has previously served on the board of a number of private companies. Justin formerly led growth equity and private equity buyout transactions at CVC Capital Partners, Hermes Private Equity and Bridgepoint Development Capital.

Photo of Busola Sodeinde

Busola Sodeinde

Date of Appointment: 1 June 2022

Busola Sodeinde is a qualified Chartered Accountant and has spent most of her executive career in Financial Services. Until 2019, she was a Managing Director/CFO in Global Markets EMEA at State Street Bank. She is a non-executive director and chair of the Audit Committee at TR Property Investment Trust plc, a non-executive director and chair of the Audit and Governance Committee of Railpen Limited, a member of the Board of Governors for Church Commissioners (and sits on its Audit & Risk Committee), is a non-executive director at The Ombudsman Services and a Trustee of The Scouts. Busola is the founder of a social start up and is also an activator supporting women-led ventures.

Photo of Megan McCracken

Megan McCracken

Date of Appointment: 1 June 2022

Megan McCracken is Chair of State Street Trustees Limited and Chair of remuneration and nomination committees for Folk2Folk. She was awarded the Institute of Directors' Chair's Award. Megan held executive roles at HSBC and Citibank, and was a PwC consultant and a Boeing Satellite Systems engineer.  She was previously the Senior Independent Director of GB Bank and has an MBA from MIT Sloan and a Bachelor of Science in Aerospace Engineering.

Our relationship with Canaccord Genuity

Our investment manager

Since 2004, the Hargreave Hale AIM VCT has been managed by Canaccord Genuity Asset Management (CGAM), a leading small cap UK fund manager with a team of 15 fund managers and analysts. Canaccord Genuity Asset Management is the trading name of Canaccord Genuity Asset Management Limited, a company that was formerly known as Hargreave Hale Limited which has roots dating back to 1897. In September 2017 the firm became a subsidiary of Canaccord Genuity Inc.

CGAM's track record, as well as the wider team's reach into the market, helps the VCT attract qualifying investment opportunities. CGAM manages under contract £2.4 bn of assets (as of 30 November 2024). Its other external mandates include a range of unit trusts and OEICs for Marlborough Fund Managers:

• Marlborough Multi-Cap Income Fund
• Marlborough Multi-Cap Growth Fund
• Marlborough Multi-Cap European Fund
• Marlborough Special Situations Fund
• Marlborough UK Micro-Cap Growth Fund
• Marlborough UK Nano-Cap Fund
• Marlborough Extra Income Fund

CGAM is a wholly owned subsidiary of Canaccord Genuity Wealth Group Limited and incorporated in England and Wales with company number 03146580. It is authorised and regulated by the Financial Conduct Authority with firm reference number 209741.

CGAM receives an annual management fee of 1.7% of the net asset value of the Hargreave Hale AIM VCT. CGAM is not paid a performance fee.

Our administrator

CGAM acts as the administrator of the Hargreave Hale AIM VCT and is entitled to an annual aggregate fee of £250,000 (plus VAT) for its provision of administrative services.

Our custodian

Canaccord Genuity Wealth Limited (CGWL), another Canaccord Genuity Inc company, acts as the custodian of the assets of the VCT. CGWL is incorporated in England and Wales with company number 03739694 and is authorised and regulated by the Financial Conduct Authority with firm reference number 194927. CGWL is entitled to a fee of £30,000 per annum in relation to its appointment as the custodian of the assets of the Hargreave Hale AIM VCT.

Contact us

For all shareholder enquiries including valuations, dividend payments or transactions, please contact the admin team:

Call us +44 (0)1253 376 622
Email aimvct@canaccord.com

For further information about the VCT or its underlying investments, please contact the fund management team on +44 (0)207 523 4837 or send us a message.

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Disclaimer

The materials contained herein have been prepared for use solely by individuals who are resident in the United Kingdom for tax and investment purposes. The materials contained herein are not for release, publication, or distribution, directly or indirectly, in whole or in part, to US persons or into or within the United States (including its territories and possessions, any state of the United States and the District of Columbia), Australia, Canada, Japan, the Republic of South Africa or any other jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction.

There will be no public offering of the securities referred to herein and on the pages that follow in the United States, Australia, Canada, Japan, the Republic of South Africa or any other restricted jurisdiction. The securities referred to herein and on the pages that follow may not be offered, sold, resold, pledged, delivered, distributed or otherwise transferred, directly or indirectly, into or within the United States, Australia, Canada, Japan or the Republic of South Africa or to any national, resident or citizen of the United States, Australia, Canada, Japan or the Republic of South Africa. Potential users of this information are requested to inform themselves about and to observe any such restrictions.

The information on the pages that follow may contain forward‑looking statements. Any statement other than a statement of historical fact is a forward‑looking statement.  Actual results may differ materially from those expressed or implied by any forward‑looking statement. The Company does not undertake any obligation to update or revise any forward‑looking statements, whether as a result of new information, future events, or otherwise. You should not place undue reliance on any forward‑looking statement, which speaks only as of the date of its issuance.

By using this website you confirm that you have read, understood, and accepted these conditions, including (without limitation) the risks noted below which may be involved in investing in the shares of the Company. The Company may change these conditions. The changes will be posted on the website and you should check regularly to see any changes or updates to these conditions. Your access to this website is governed by the version of these conditions then in force.

1. Terms and conditions

The terms and conditions set out below apply to your use of the Company’s website. Please read them.

The "Company" or the "VCT" means Hargreave Hale AIM VCT plc and references to "the Company’s website" are to the website available at www.hargreaveaimvcts.co.uk and also include, but are not limited to, the text, documents, images, links, sounds, graphics, and video sequences displayed on the website (the "Materials").

The Company’s website is operated by Canaccord Genuity Wealth Limited (“CGWL”). CGWL is a private limited company incorporated in England and Wales with company number 03739694 and has its registered office at 88 Wood Street, London, England EC2V 7QR. CGWL is authorised and regulated by the Financial Conduct Authority with firm reference number 194927. Details of CGWL’s registration can be found on the FCA’s website at https://register.fca.org.uk/s/.

By clicking and entering www.hargreaveaimvcts.co.uk you agree that you have read and accept these terms and conditions. If you do not agree, do not use www.hargreaveaimvcts.co.uk. 

2. Intended audience and access to the Company's website

No information contained on the Company's website or in the Materials should be taken as a recommendation, offer or invitation to buy, sell, hold or otherwise deal with the shares or other financial instruments of any entity nor is it intended to solicit any such offer or invitation. Nothing on the Company’s website or in the Materials constitutes or is intended to constitute investment or other advice (including, without limitation, legal or tax advice) or investment research and you should not act upon any information contained on the Company’s website or in the Materials without first consulting a financial or other professional adviser.

The information in the Company’s website is only for the attention of individuals who are resident in the United Kingdom for tax and investment purposes. It is your responsibility to be aware of and to observe all applicable law and regulation in the United Kingdom. To the extent that you are not resident in the United Kingdom for tax and investment purposes, do not use this website.

The Company’s website is not intended to offer or to promote the offer or sale of the shares in the Company (the "Shares") in the United States or to US Persons. Each acquirer of the Shares will be deemed to represent, amongst other things, that (i) it is not in the United States, (ii) it is not a US Person or acquiring the Shares for the account or benefit of a US Person, and (iii) it is acquiring the Shares in an "offshore transaction" meeting the requirements of Regulation S under the Securities Act.

The content of the Company’s website constitutes a ‘financial promotion’ for the purposes of the UK regulatory regime. The content of the Company’s website has therefore been issued and approved for the purposes of section 21 of the Financial Services and Markets Act 2000 by CGWL which is authorised and regulated by the Financial Conduct Authority (with firm reference number 194927). Nonetheless, the content of this website does not constitute investment or other advice given by CGWL and you should not act upon any such content or the Materials without first consulting a financial or other professional adviser.

3. Risks of investing in VCTs

Investing in a VCT (including the Company) carries a high level of risk and it should be remembered that the price of shares in a VCT, and the income from such shares (if any), may go down as well as up. An investment in the VCT is only suitable for investors who are capable of evaluating the risks and merits of such investment and who understand the potential risk of capital loss (which may be equal to the whole amount invested). Further detail on the risks involved in investing in VCTs is set out in the “Risks of investing in VCTs” section on the front page of this website.

The latest annual report, factsheet and prospectus can be found in the document library. These documents include a more comprehensive list of the risks associated with this product. Please ensure that you have read and considered carefully each of the risks identified in these documents before investing in the VCT.

4. Privacy notice

The Company respects the privacy of individuals who visit the Company’s website and is careful to ensure that information disclosed to the Company in confidence is treated confidentially. The Company has a privacy notice in place which governs your use of the website and, by using the website, you confirm that you have read, understood and accept the Company’s privacy notice. A full copy of the Company's full privacy notice can be found here.

5. Limitation of liability

Use of the Company’s website and the Materials are at your sole risk. The Company and CGWL will not be liable to any person for any direct, indirect, special or consequential, losses, damages, or awards of any kind, howsoever caused, as a result of the use of or inability to use, or reliance on, the Company’s website or any of the Materials. To the maximum extent permitted by applicable law and regulation, the Company and CGWL exclude all warranties, conditions, terms, undertakings, and representations (excepting fraudulent misrepresentation) of any kind, express or implied, statutory or otherwise in connection with the Company’s website and the Materials. Nothing in these terms and conditions shall be taken to limit or exclude any liability which may not otherwise be limited or excluded under applicable law or regulation.

Nothing in this website should be construed as investment, tax, legal, or other advice, nor is it to be relied upon in making an investment decision. Those accessing the website should consult their financial advisers regarding the suitability of any of the products referred to on this website.  The value of investments and the income from them may go down as well as up and an investor may receive back less than the original investment. Past performance is not necessarily a guide to future performance.

Trading in securities in smaller companies or a VCT (such as the Company) which invest in emerging markets may involve greater risks and be subject to more abrupt price movements than trading in securities of larger companies.

6. Disclaimer

The Materials and the Company’s website are provided on an "as is" and "as available" basis and do not purport to be full or complete.  The Company and CGWL give no warranties (express, implied, or statutory) as to satisfactory quality or fitness for purpose of the Materials, including, without limitation, as to the accuracy, validity, timeliness, merchantability, or completeness of any information or data contained therein (whether prepared by the Company or by any third party), or that any of the Materials or that the Company’s website will be provided uninterrupted or free from errors or that any identified defect will be corrected.  The Company and CGWL have the right to suspend or withdraw the provision of all or any of the Company’s website or the Materials without prior notice at any time. You are entirely responsible for your use of the website and for the consequences of relying on any content.  Further, no warranty of any kind is given that the Company’s website and the Materials are free from any virus or other malicious, destructive, or corrupting code, program, or macro.  The Company and CGWL do not warrant that the Company’s website or the server(s) that make(s) them available are free of any virus or other harmful elements.

To the maximum extent permitted by applicable law and regulation, the Company and CGWL disclaim all liability to you arising out of your use of the website. In particular, the Company and CGWL shall not be liable for any direct or indirect loss or damage to you, any loss of profits, loss of business, revenue, data, goodwill, or anticipated or consequential loss or damage.

Reference in the Company’s website and/or the Materials to any hypertext link, product, process, or service does not imply the Company’s and/or CGWL’s support for, or endorsement or recommendation of the provider thereof or the product, process, or service to which reference is made.  The Company’s website may contain hypertext links to other websites, resources, or other third parties.  The Company and CGWL are not responsible for the availability of, and accepts no liability in relation to, these external websites or their contents. Each of the Company and CGWL is not a sponsor, partner, promoter, or publisher of any such website.

7. Severance

If any provision of these terms and conditions is found to be illegal, invalid or unenforceable, the invalidity of that provision shall not affect the validity of the remaining provisions of these terms and conditions which shall remain in full force and effect.

8. Governing law

The agreement between you and the Company relating to your use and browsing of the Company’s website is governed by and shall be construed in accordance with the laws of England and Wales and you agree that the Courts of England shall have exclusive jurisdiction over any disputes arising in relation to such use and browsing.  These terms and conditions may not be modified unless the Company agrees in writing.

9. Use of cookies

This website will use cookies to confirm that this disclaimer has been acknowledged. The cookies last only as long as your browser is open and cannot be used to obtain any private data about you. Please refer to the Company's Internet use policy for further information on how cookies are used.

10. The Materials that you are seeking to access are not directed at and may not be viewed by or distributed to persons who are resident outside the United Kingdom, including but not limited to:

  • who are in the United States or who are, or are acting for the account or benefit of, US Persons; or
  • who are in a jurisdiction where it is not lawful to access the Materials.

By clicking "I accept" below, you represent, warrant and agree that you (1) have read and understood the terms and conditions and other information set out above, (2) agree to be bound by its terms and acknowledge that the Company and its affiliates, subsidiaries, directors and advisers may rely on your agreement, (3) are permitted under applicable laws and regulations to receive the information contained in the pages that follow and, (4) agree that you will not transmit or otherwise send any information contained in this website to any person in the United States, to any US Person, or to publications with a general circulation in the United States.  If you cannot so certify and agree, you must click the button labelled "I decline" or otherwise exit this website.

Investment involves risk and you may not get back what you invest. It’s not suitable for everyone.

Investment involves risk and you may not get back what you invest. It’s not suitable for everyone.