A new £2.5 billion equity investment fund backed by five UK banks
The Business Growth Fund is launched today. The Fund will invest equity in growing companies with turnover in the £10 million to £100 million range and is designed to address the so-called “equity gap” encountered by such companies. We discussed the background and genesis of the Fund in February 2011 in this post.
The Fund is launching with offices in London, Birmingham and Edinburgh, and will open offices in Manchester and Bristol.
Friendly Corporate PSL
To subscribe for our free weekly update e-mail, click here.