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The Telegraph reports on establishment of BGF

BGF News 04.03.2011
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As Sir Nigel Rudd launches BGF, the Daily Telegraph’s Andrew Cave meets with Sir Nigel and Stephen Welton. BGF, set up by Britain’s top six banks and chaired by Sir Nigel, will have £2.5bn of capital to invest in small and medium-sized firms. The pair discuss the origins of the company as they seek to fill a gap in the market in which banks have traditionally not been good individually at investing long-term in equity in smaller businesses.