The UK Innovation Investment Fund is off the ground with the first closing of the £125m Hermes Private Equity environmental innovation fund.
Having taken only seven months for the UK Innovation Investment Fund (UKIIF) to launch the first of two funds, the Hermes Environmental Innovation Fund, which has already raised £125m and will continue to seek further funding from investors. The Environmental Innovation Fund, managed by Hermes Private Equity, will now start investing in low carbon and…
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