IBT Finds A Home At Last
This article was originally published in Start Up
Executive Summary
At last, International Biotechnology Trust PLC, the £350 million LSE-listed investment trust, has found a resting place. Two years after IBT's previous manager, Rothschild Asset Management, decided they wanted out of biotech, private equity group Schroder Ventures has been selected by the board of IBT to take up the reins.