NWDA awards North West Venture Fund to YFM & MTI

YFM Private Equity, part of the YFM Group, the most active investor in UK SMEs, and MTI, the technology venture capital investor, are delighted to announce that the Northwest Regional Development Agency (NWDA) has awarded them a fund management mandate for the North West region.

The YFM/MTI partnership will deliver and manage the interim Venture Capital Fund, announced by the NWDA in the Summer, designed to provide investment capital to growing SMEs, which is part of the NWDA’s continuing commitment to the support of enterprise in the region.

The Fund is available now to North West based SMEs:
- at all stages of their development
- to fund a wide range of growth opportunities
- and providing £250,000 to £1m of equity based investment

YFM Private Equity has made 15 investments across the North West in deals worth over £28 million over the last year.

YFM Private Equity’s North West team have, over the last 6 years, delivered and managed the highly successful North West Business Investment Scheme (NWBIS). NWBIS was recently independently assessed and found to be the best performing fund of its type in the UK. It has also been recognized as Fund of the Year 2009 at the North West Business Insider’s Dealmakers of the Year Awards. Since the Fund’s launch, NWBIS has made 11 successful realisations, created almost £500m in wealth for the region and attracted over £235m of co-investment.
Liverpool office open
Businesses looking for equity finance in the area or indeed across the wider North West region should contact Simon Cleaver on the details below, or any of the rest of the team in Manchester on 0161 832 7603.

YFM Private Equity
The Plaza
100 Old Hall Street
L3 9QJ
t: 0151 600 5134