CORRECT: Social enterprise-focused Impact Enterprise Fund raises $8M in first tilt at $10-$15M target

Fri, 09 Feb 2018

(Fixes management arrangement in 4th paragraph) By Paul McBeth Feb. 9 (BusinessDesk) - Social enterprise-focused Impact Enterprise Fund has raised more than $8 million under its offer seeking $10 million-to-$15 million to invest in ventures that have a social or environmental impact as a market return. The tie-up between the Akina Foundation, New Ground Capital, and Impact Ventures attracted cornerstone pledges from St John's College Trust Board and the Tindall Foundation, with interest also coming from overseas among its 35 investors,...

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