--London Stock Exchange Group PLC Chief Executive David Schwimmer is leading an initiative to create a GBP300 million investment trust to aid British companies, according to a report by Sky News.

--The fund would principally focus on private equity, listed small-cap companies and venture capital companies harmed by the coronavirus pandemic, according to Sky, citing an unidentified fund management source.

-- The initial aim is to raise GBP300 million but this could be expanded to GBP1 billion, Sky reports.

Full story: https://bit.ly/2NqTrc6

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(END) Dow Jones Newswires

January 25, 2021 10:25 ET (15:25 GMT)

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