Northern Gritstone secures final close of £312m with broad base of investors
University spin-out funder, Northern Gritstone, has reached final close of £312m, anchored by investments from local authority pension funds.
The funder focuses on Northern universities and IP-rich businesses.
More than £150m of the funding commitments have been provided by Greater Manchester Pension Fund, Merseyside Pension Fund, South Yorkshire Pension Fund, West Yorkshire Pension Fund and East Riding Pension Fund.
These have been boosted by additional investments from the metro mayors for Greater Manchester, West Yorkshi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
