The Fund was launched in September 2010 and has successfully invested over £20.5m, leveraging over £48M of private co-investment and supporting over 70 companies to grow. The first phase of investment was completed in December 2015.
The Fund was supported by the European Regional Development Fund (ERDF). Cycle one used £20.5m from ERDF and generated over £68M of investment in the East of England and was managed by energy and environment investment specialists Turquoise who are currently working on the exit phase, the proceeds of which will be fed into Cycle Two.
For more information about LCIF investee companies please see our portfolio page.