Appointment of Haatch Ventures LLP as Fund Manager for D2N2 Early Stage Angel Investment Fund
Awarded 01 Nov 2023
About
D2N2 Local Enterprise Partnership awarded a contract to Haatch Ventures LLP for the establishment and management of the D2N2 Early Stage Angel Investment Fund.
The fund aims to promote equity investment in early-stage start-up businesses between 6 months and 2 years old, typically requiring pre-seed and seed investment.
D2N2 committed up to £4 million to the fund and required a 1:1 co-investment rate from the successful tenderer.
Haatch Ventures LLP was appointed to establish the fund, including taking the role of General Partner of the Limited Partnership, and to be responsible for day-to-day operation, decision-making, and management of the fund.
The contract value is £340,000.
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