The British Enterprise Financial institution has awarded Schroders £150m to put money into UK science and tech corporations, as a part of the UK authorities’s Lengthy-term Funding for Know-how and Science initiative, with this funding matched by Phoenix Group.
The agency’s newest LTAF, which can be open to third-party buyers, goals to mobilise institutional funding, significantly from UK outlined contribution pension schemes, into early-stage progress companies within the UK expertise and life sciences sectors.
Schroders Capital unveils UK’s first LTAF
“The UK is without doubt one of the most progressive international locations within the…