- Braveheart Investment Group has been selected as a consortium partner to manage the London Co-investment Fund.

The London Co-investment Fund was established by Funding London and Capital Enterprise with the aim of investing £25 million in London-based, seed-stage companies in the science, digital and technology sectors.

The LCIF has announced a number of partners to manage the fund, and Braveheart has been selected in a joint bid with the crowd-funding platform Crowdcube Limited as one of these managers.

The two companies will work closely together, with Crowdcube sourcing deals and promoting them via its crowd-funding website, and Braveheart carrying out investment selection and fund management.

It is believed this is the first time public funds will co-invest alongside the crowd in a co-investment model.

At 9:26am: [LON:BRH] Braveheart Investment Group PLC share price was 0p at 15p

Story provided by