British Smaller Companies VCT2 Plc Management Arrangements (3244P)
September 30 2013 - 12:30PM
UK Regulatory
TIDMBSC
RNS Number : 3244P
British Smaller Companies VCT2 Plc
30 September 2013
British Smaller Companies VCT2 plc ("the Company")
YFM Private Equity Limited ("YFM") - Management Arrangements -
Change of Ownership
YFM has been the Manager of the Company since inception.
On 30 September 2013 YFM was acquired by YFM Equity Partners
LLP, a partnership set up by the YFM management team to acquire YFM
from its ultimate parent company, Greater London Enterprise
Limited. YFM Equity Partners LLP is a fully independent, owner
managed business that will carry on YFM's 30-year tradition of
investing in established fast growing businesses.
The Company will continue its strategy of investing in
predominantly unquoted businesses providing development capital and
capital to fund change of ownership situations. A good example is
the recent investment the Company made to fund the management
buy-out of technical sailing brand Gill Marine.
For further information, please contact:
Investment Adviser to the Companies
YFM Private Equity Limited
David Hall
Telephone: 0113 294 5039
This information is provided by RNS
The company news service from the London Stock Exchange
END
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