Ravenscroft, the investment management firm backed by Hargreaves Lansdown co-founder Stephen Lansdown, has launched a closed-ended collective investment scheme to help nurture new and growing Guernsey-focused companies.
The Guernsey Investment Fund will invest in projects and businesses that have a Guernsey focus or benefit from the development of the region, offering investment to innovators and entrepreneurial companies. It aims to deliver long-term capital growth and the fund may be made up of a number of protected 'cells', with the first being a technology and innovation cell. It is also considering property and infrastructure cells in the future. Ravenscroft launches two funds; Lansdown appointed chairman The intention is that each cell will be fully invested within five years, with an intend...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes