Investment fund celebrates 15% rise in Merseyside support

A SPECIAL investment fund for Merseyside has trumpeted a 15% increase in the number of businesses it supported in 2014, including 121 start-ups – up 72% on 2013.

During 2014, MSIF made 172 investments totallying £7.319m, up from £7.283 in the previous year with a continued strong performance projected for the first quarter of this year.

Chief operating office Lisa Greenhalgh said: “For a team which is making the majority of its investments in the Liverpool City region we are delighted with these figures.

“With more than two decades of experience and successful delivery, MSIF has built up a solid reputation as a fund manager.
 
“We continue to deliver strong and growing results having generated significant returns from previous investments which have created further capital for us to re-invest.

“This track record has helped us to win contracts to manage additional funds for third parties as well as continuing to invest MSIF’s own funds.

“We are starting to see lots more enquiries coming from outside of the region and are able to consider these businesses now that we have funds that can invest across the wider North West.”

Since it was set up in 1996, MSIF has invested more than £154.7m in 1,803 businesses.  This has created or safeguarded in excess of 14,000 jobs and brought in over £289m in private sector investment.