Aegon stated that – pending regulatory approval, funding due diligence and business discussions – it intends to supply a “cornerstone” funding to the preliminary fund of the British Progress Partnership, which might be launched by British Enterprise Financial institution in 2025 to spend money on top quality, UK progress corporations in search of funding to scale their operations.
The funding will type a part of Aegon UK’s largest office default, the £12bn Common Balanced Assortment (UBC) fund, which introduced plans earlier this yr to considerably evolve and incorporate personal market investments.
Reeve…
