Providing financing solutions to new businesses.
Legal & General Capital has committed £600m in this sector (including Venture Capital and SME Finance) with a current portfolio of approximately £400m invested to date.
To facilitate the broader Legal & General Group strategy, Legal & General Capital continues to invest in start-up businesses across the UK through Venture Capital managers and direct stakes in innovation and growth companies that are strategically aligned with our business. Legal & General has invested with 8 venture capital managers who have now invested in over 250 startups, predominantly in the UK. This investment strategy will continue to evolve as we look to deploy more of our own funds across the UK, Europe and Globally.
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As a result, Legal & General’s actual future condition, performance and results may differ materially from the plans, goals and expectations set out in these forward-looking statements and persons reading this document should not place reliance on forward-looking statements. These forward-looking statements are made only as at the date on which such statements are made and Legal & General Group Plc. does not undertake to update forward looking statements contained in this video or any other forward-looking statement it may make.