BGF and Coutts announce UK Enterprise Fund

In particular, the partnership looks to expand the framework around the Coutts Investment Club, which supports private businesses.

The partnership is expected to build on the two companies' existing platforms. The fund also intends to "identify and address equity gaps across the whole of the entrepreneurial ecosystem", according to a statement.

Specific initiatives and programmes will be put in place to support female-led businesses and increase the diversity of management teams.

Investors
Coutts and BGF will be the cornerstone investors in the fund.

Investments
The fund will invest in UK-based SMEs led by diverse management teams.

People
BGF – Stephen Welton (founder, CEO).
Coutts – Mo Syed (managing director).
Natwest – Alison Rose (CEO).

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• Topics
• Funds
• Buyout
• UK / Ireland
• BGF (Business Growth Fund)
• United Kingdom