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As part of the deal, Nottingham City Council will set up a venture capital investment fund for new start-ups.
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The qualified solicitor also worked as an investment banker and venture capital fund manager and was named in The Power List of the UK's 100 most influential black Britons.
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Ventures in 1970 Cloherty chairs the board of what could become the largest venture capital fund in Russia, the U.S.-Russia Investment Fund.
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Short Definition : Venture Capital (VC) Funding is an investment fund that manages money from investors who are seeking private equity stakes in startups and small to medium sized firms with strong growth potential.
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As a venture capital fund, IGNIA looks for early-stage investment opportunities in entrepreneurs and their businesses.
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Other than combining the venture capital fund with Evercore Partners, a New York investment firm, and expanding into a new "wireless incubator" venture funded partly by Sprint, they're staying the course.
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The investment in Allegheny Child Care comes from its new venture-capital fund.
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Venture capital funds, like hedge funds, are investment vehicles the average investor, or pension fund executive for that matter, is likely to know the least about.
FORBES: Pensions Funds: Funding Unsavory Practices of Venture Capitalists (May 1, 2000)