Fund Management Services for North East Early Stage Equity Fund
What the buyer wrote
The North East Fund seeks to appoint a professional, FCA authorised fund management organisation to deliver an early stage venture capital fund in the North East of England. The fund will address the persistent market gap in the provision of relatively small amounts of finance to early-stage and innovative SMEs in the North East of England. In so doing, it will help to unlock regional growth, build confidence in the SME business base and ensure the region is a great place to start-up and scale a business. The Fund has the working title of "Early Stage Equity Fund" but its final name will be agreed with the appointed fund manager. TNEFL expects to make an initial commitment of investment capi…
Details
- What the buyer calls it
- Fund Management Services for North East Early Stage Equity Fund
- How they are buying
- Advertised, then negotiatedThe buyer talked terms with bidders rather than taking fixed offers.
- Type
- services
- Where
- in the North East
Who the buyer named
James Arkless was the named contact on this notice.