Prelude Trust Plc, managed by Esprit Capital Partners, has made an additional £640,000 investment into ZBD Displays Ltd as part of a £2.86m funding round. This will mean that Prelude will now have a 33% holding in ZBD, and has so far committed £5.6m of the £14.9m invested in the leading supplier of zero power graphical display solutions since its inception.
Anna Morrison joins from IFM Investors, where she managed the firm's fund-of-funds programme
Fund's predecessor, Isomer Capital Fund, closed on €150m in February 2016
Funding will be used to hire more staff, support product development and meet customer demand
True Core VII provides seed and early-stage capital, while True Select IV provides follow-on capital