
Westbridge reaches SME fund first closing ahead of target
Westbridge has reached a first closing of its SME Fund, exceeding its £10m first-close target.
The fund, which is targeting total commitments of £50m, is expected to secure the balance from institutional investors, private investors, family offices and pension funds, over the next 12 months.
The SME fund will invest in fast growing, profitable businesses across the UK, investing between £1m and £5m per deal.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Gail Mwamba on +44 20 7 968 4505 or gail.mwamba@incisivemedia.com
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