22nd Sep 2015 10:37
LONDON (Alliance News) - Small and medium-sized enterprise finance provider GLI Finance PLC on Tuesday said it has successfully launched its GLI Alternative Finance PLC closed-end fund.
GLI said the fund will manage an SME loan portfolio and will be investing in a range of loans originated primarily through the platforms in which GLI holds strategic equity investments.
The fund has raised GBP52.7 million to back its investment plans.
Shares in GLI Finance were down 0.3% at 51.37 pence on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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