Maven Capital Partners (“Maven”), one of the UK’s most active investors in growing businesses, has been awarded the new contract to manage the £20m Finance Durham Fund (“FDF”).
Business Durham, the business support service for Durham County Council, once again appointed Maven’s experienced investment team to support the growth of both local businesses in County Durham and companies relocating to the region.
Since being appointed Fund Manager in 2017, Maven has invested over £12.5m and raised an additional £65m in private sector leverage. These investments have had a significant impact on the local economy, driving innovation across the region and safeguarding over 1,100 jobs and supporting 28 local businesses to date.
Source: Bdaily