Growth Capital Raises £160M SME Fund

Growth Capital Partners has closed its third fund securing £160 million to invest in small and medium-sized companies across the U.K.

Growth Capital Partners has closed its third fund securing £160 million to invest in small and medium-sized companies across the U.K., AltAssets reports. The firm had been seeking to raise £150 million for the fund, launched in January last year.

Investors that participated in the fundraising include the European Investment Fund, Golding Capital Partners and Lexington Partners. London-based Growth Capital intends to achieve investment returns primarily through buy and build strategies, international expansion and operational improvement.

Click here for the story from AltAssets.