Enterprise Capital Funds: Reviving a forgotten asset class

EQUITIES

clock

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 businesses to find money to grow. Over the last decade there has been a continual upscaling in the global private equity market as larger houses abandon traditional venture capital territory to claim more lucrative slices of the cake. 3i’s evolution is prime example of how this gaping divide has left little in the way of growth finance provision. In 1998 3i invested an average of £1.5m ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Equities

T. Rowe Price's Ritu Vohora: Equities poised to extend gains during H2

T. Rowe Price's Ritu Vohora: Equities poised to extend gains during H2

H2 outlook

Ritu Vohora
clock 27 June 2024 • 4 min read
The London Tunnels ditches London IPO for Amsterdam listing

The London Tunnels ditches London IPO for Amsterdam listing

Expected on 27 June

Cristian Angeloni
clock 24 June 2024 • 1 min read
Partner Insight: Can investors still capture tech stocks' continued growth?

Partner Insight: Can investors still capture tech stocks' continued growth?

How much impact will AI have on the sector?

Investment Week
clock 23 June 2024 • 6 min read
Trustpilot