The Fund has been launched with support from British Business Investments The Fund will support the growth of established smaller companies across Northern Ireland This is Foresight’s fourteenth regional investment fund and, like the other funds, will target strong economic returns alongside local impact Belfast, 29 November 2023: Foresight Group (“Foresight”), a leading listed private …
British Business Investments, a wholly-owned commercial subsidiary of British Business Bank plc, today publishes its Annual Report and Accounts for 2022/23. Key highlights include: 19 new portfolio commitments to new and existing delivery partners at a total value of £386m In its ninth year of operation, British Business Investments’ cumulative commitments now exceeds £3.8bn A …
Key highlights include: 19 new portfolio commitments to new and existing delivery partners at a total value of £386m In its ninth year of operation, British Business Investments’ cumulative commitments now exceeds £3.8bn A 6.3% five year adjusted return on average capital employed, delivering pre-tax profit of £38.1m in 2022/23 Support for more than 18,000 …
Edinburgh-based VC announces first close of £67m led by Scottish National Investment Bank and British Business Investments UK, 16th October 2023: Edinburgh-based venture capital firm Par Equity has today announced the launch of its new venture fund – Par Equity Ventures I LP. The firm has secured a first close of £67m to boost innovative …
Federated Hermes, Inc. (NYSE:FHI), a global leader in active, responsible investing, announces the successful opening of its Federated Hermes GPE Innovation Fund II (“HINF II”) Commitments have been secured from British Business Investments and BT Pension Scheme (BTPS). HINF II is focused on driving innovation and technological advancement across Europe and will conform with Article …
21 September 2023 British Business Investments today announces a £15m follow-on investment into North-West based Universal Leasing Limited. The investment, which follows an earlier £12m commitment made to Universal Leasing in 2018, allows the company to further increase its support for smaller businesses. The transaction will be structured as a block discounting facility that will …
8 September 2023 British Business Investments today announces a new £20m Tier 2 facility for DF Capital. This investment will help DF Capital provide an additional £300m+ of new lending per annum, to existing and new UK SME vendors and dealerships. The investment has been made through British Business Investments, a wholly-owned commercial subsidiary of …
30 August 2023 British Business Investments today announces it has committed £30m to the Panoramic SME III fund as part of a final close of £100m. This commitment will allow Panoramic to fund growth opportunities and management transitions for smaller businesses across the UK. Panoramic, based in Glasgow, is an established fund manager that invests …
24 August 2023 British Business Investments today announces a new £20m Tier 2 capital facility for Cambridge & Counties Bank Limited. Funds raised from the facility will enable Cambridge & Counties Bank to increase its volume of competitive lending to smaller businesses over and above levels it might have otherwise been able to provide. The …
21 August 2023 Cynergy Bank today announces that it has secured a £20 million Tier 2 capital facility from British Business Investments. The capital will be deployed across Cynergy Bank and Cynergy Business Finance. The new funding from British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank, will enable the challenger bank …
