2 March 2011
The North West Development Capital Fund was successfully launched this month. Supported by the European Investment Bank (EIB) and the European Regional Development Fund (ERDF) the £45m Development Capital Fund is one of six specialist funds totalling £185m, available for companies based in, or relocating to, the North West.
The North West Fund for Development Capital is managed by YFM Private Equity Limited which is a wholly owned subsidiary of YFM Equity Partners Limited.
Fund Highlights
- Invests from £100,000 to £2 million in North West SMEs
- Provides investment capital to support business expansion in circumstances where a business is already generating trading income and cash flow
- Covers a broad sector range
- Provides a range of equity based packages including mezzanine finance
Expansion Capital – Typical Examples
- Investing in new equipment or innovation
- Developing new markets or geographies
- Expanding workforce
- Working capital funding
Attending the launch, David Hall, Managing Director of YFM Equity Partners Limited commented “This Fund presents an exciting opportunity for North West businesses to access capital for expansion and growth, coming out of tough economic times when capital has been difficult to secure. Our North West team will be delighted to discuss any potential investment cases.“
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For further information on the fund and how to apply download the Quick Reference Guide
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Contact the team
For more information or to discuss investment opportunities please contact the
North West Development for Capital Fund team:
| Liverpool | T 0151 600 5134 | Simon Cleaver |
| Manchester | T 0161 832 7603 | Deborah Heyes |
| Paul Gower | ||
| Ian Waterfield | ||
| E [email protected] | ||