New £75m fund to target growing Northern Ireland companies

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New £75m fund to target growing Northern Ireland companies
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Fund aims to invest in about 15 to 20 firms over the next five years

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Whiterock’s Growth Capital Fund team : Graham Ferguson, Sarah Toner, David McCurley, Jenna Mairs and Paul Millar.

The Growth Capital Fund, which was launched by Whiterock, will primarily focus on companies in Northern Ireland across a range of sectors, with investments of between £1 million and £5 million. However, it could back companies anywhere in the UK that have a Northern Ireland focus.

“While funding options have improved for companies, independent research has found there is still a clear equity gap in Northern Ireland when it comes to locally based private equity investors, particularly in the £1 million to £5 million investment range.”

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