Bruton: €125m fund to target medium-sized firms that are ‘the backbone of the economy’
The Growth Capital fund will be managed by UK-based MML partners. Altogether there are five investors in the fund including AIB, the European Investment Bank, GoldPoint Partners and two US subsidiaries of Cigna Corporation as well as the €25m contributed by Enterprise Ireland.
Jobs, Enterprise and Innovation Minister Richard Bruton said the fund was aimed at companies “that were the backbone of the economy” but needed access to finance.
