Introduced in 2006 by the UK Government, following the extensive Bridging the Finance Gap consultation paper, ECFs are designed to tackle the equity gap by improving access to development capital
The equity gap exists for many reasons: the maturity of private equity as an asset class, the focus on large transactions and the retrenchment of the banks, or, more simply put, the inability for small...
More guidance in August Inflation Report
Long-term growth potential is key
Positive return prospects for asset class
Valuation do not provide margin for error on downside
Too early to take a stance