Phoenix Group and Schroders Partner to Launch Future Growth Capital with £20 Billion Fund
Wednesday, 31 July 2024, 21:01
Introduction
In a transformative step for the UK start-up scene, Phoenix Group and Schroders have teamed up to launch a new investment manager named Future Growth Capital.
Investment Details
- The new entity aims to inject £20 billion into UK start-ups.
- Focus on supporting innovative and emerging companies.
- Intent to create robust growth opportunities within the UK's entrepreneurial landscape.
Conclusion
This significant financial commitment reflects a broader trend of increasing investment in the start-up sector, emphasizing the importance of venture capital as a catalyst for economic growth and innovation.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.