BOOST&Co has raised a new fund that will enable the company to lend £500m to growing and high-tech businesses throughout the UK.
The private-debt lender is opening a series of regional offices in 2019 to help deploy these funds. Its Manchester, Bristol and Cambridge branches will launch in the first half of the year.
BOOST&Co’s investment strategy is unchanged; it will lend more and earlier than the banks to suitable SMEs. A typical transaction size is £2m to £10m.
Strong track record
Lance Mysyrowicz, a partner with BOOST&Co, says: “The new fundraising shows our strong track record in this space. We are pleased that our investors have placed their trust in us and we are grateful for their continued support.”
BOOST&Co is a UK-based independent asset manager specialising in growth-lending solutions for UK SMEs. It has offices in London, Manchester, Bristol, Cambridge and Cape Town. Its funds come from large pension funds, as well as insurance companies.