London Co-investment Fund (2)

Meeting: 
MQT on 2014-09-17
Session date: 
September 17, 2014
Reference: 
2014/3502
Question By: 
Fiona Twycross
Organisation: 
Labour Group
Asked Of: 
The Mayor
Category: 

Question

Do you foresee the Fund receiving significant returns on these investments?

Answer

Answer for London Co-investment Fund (2)

Answer for London Co-investment Fund (2)

Answered By: 
The Mayor

This is a long term fund, which is being set up in a way that is designed to enable repayment of the £25m as returns are generated, the timing and extent of these returns will necessarily be dependent upon the performance of the SMEs receiving investment.