The Venture Capital Trust Association (VCTA) has appointed Chris Lewis as its new Chair. Lewis brings over 25 years of industry experience to the role and is currently the Chief Financial and Operating Officer at Pembroke VCT. The VCTA represents twelve of the largest VCT managers in the UK, which together constitute over 90% of the VCT industry with over £5.5 billion of collective funds under management.
Lewis stated that he is “privileged” to be representing the VCT industry and highlighted the importance of the recent extension of the VCT scheme until at least 2035. He noted that VCTs play a vital role in the UK’s funding ecosystem and support over 1,100 innovative start-ups and scale-ups. Lewis expressed his commitment to promoting the interests of these entrepreneurs and ensuring they have access to the equity finance they need to continue growing and innovating.
Will Fraser-Allen, the outgoing Chair of the VCTA and Managing Partner of Albion Capital, expressed his confidence that the VCTA will continue to thrive under Lewis’ leadership.
