Northern 3 VCT PLC (NTN.L)
Northern 3 VCT PLC operates in the Asset Management industry of the Financial Services sector, headquartered in Henley-in-Arden, WW, GB. The stock last traded at $82.00, up 0.00% on the session, giving a market capitalisation of $145.8M. Its beta of -0.07 implies it has historically moved less than the broad market.
Northern 3 VCT PLC operates as a venture capital trust, pursuing a dual investment strategy that encompasses both direct investments and allocations to other funds. For its direct ventures, the trust targets businesses across various development stages, including mid-market firms, those in later phases of growth, established companies, and those requiring capital for expansion. Its fund-of-funds approach involves deploying capital into private equity vehicles. The VCT maintains a sector-agnostic stance, primarily focusing its investments within the United Kingdom. Individual direct investments typically range from £2 million to £10 million, directed towards smaller enterprises with enterprise valuations between £10 million and £30 million, whether they are publicly listed or privately held.
Northern 3 VCT PLC is most often compared with the following Financial Services names: