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British Business Bank Reveals First Partners for £200m Fund
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British Business Bank reveals first partners for £200m fund
The British Business Bank has announced that Aegon UK, NatWest Cushon and M&G are the partners for the first close of the British Growth Partnership Fund I. The Bank is targeting a first close of £200m by the end of the financial year, enabling the fund to begin investing into high growth UK companies in 2026. All parties have now completed investment diligence and are finalising terms and structuring. The Bank continues to work with other inve…
Aegon UK, NatWest Cushon and M&G will participate in the fund set up by the UK public bank to co-invest in national venture capital companies from its partner funds. A first closing of the 200 million pound fund is planned before the end of the year.
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