Mercia’s Northern VCTs secure record £80m fundraise

Mercia Asset Management ( (GB:MERC) ) has shared an announcement.

Mercia Asset Management has highlighted a record £80 million fundraise by its three Northern Venture Capital Trusts, which sit within its third-party funds under management. The trusts – Northern Venture Trust, Northern 2 VCT and Northern 3 VCT – launched their latest share offers in September 2025 and expect to complete the allotment of remaining new shares in early April 2026.

Chief executive Mark Payton said the fundraising milestone had been achieved despite a tougher environment for raising capital. The expanded fundraise strengthens Mercia’s position as a regional SME backer and demonstrates continued investor confidence in its VCT platform as an important source of growth funding for smaller UK businesses navigating current economic conditions.

The most recent analyst rating on (GB:MERC) stock is a Hold with a £29.00 price target. To see the full list of analyst forecasts on Mercia Asset Management stock, see the GB:MERC Stock Forecast page.

Spark’s Take on GB:MERC Stock

According to Spark, TipRanks’ AI Analyst, GB:MERC is a Neutral.

Mercia Asset Management’s overall stock score is driven by its strong financial stability and positive corporate events, such as share buybacks and strategic board appointments. However, the high P/E ratio and mixed technical indicators suggest caution. The absence of earnings call data limits insights into future guidance.

To see Spark’s full report on GB:MERC stock, click here.

More about Mercia Asset Management

Mercia Asset Management PLC is a UK-based private capital asset manager focused on supporting regional small and medium-sized enterprises. It provides funding through four asset classes – venture, debt, private equity and proprietary capital – under its ‘Complete Connected Capital’ model, leveraging 11 regional offices, local networks and university partnerships to source and develop deals across the country.

Average Trading Volume: 543,563

Technical Sentiment Signal: Sell

Current Market Cap: £119.2M

Find detailed analytics on MERC stock on TipRanks’ Stock Analysis page.