Praetura Ventures harness Mainspring’s Investment platform for venture capital co-investment

Praetura Ventures, the early-stage venture capital fund manager, has secured a £15m commitment that will co-invest in parallel to Praetura’s fund into future investments. British Business Investments, a commercial subsidiary of the British Business Bank, made the commitment through its Regional Angels Programme, which seeks to address geographical imbalances around early-stage equity finance. The investment…

True appoints Mainspring as fund administrato

True appoints Mainspring as fund administrator for its latest PE fund & Seed Stage Fund

We are delighted to report that Mainspring has been appointed as fund administrator for True’s third investment fund of £275m and seed-stage fund which has initial commitments of £40m at first close. In addition to existing funds brings total AUA, in just five years, well in excess of £600m. True’s PE fund takes majority and…

Redrice Ventures appoints Mainspring as fund administrator

Mainspring was appointed by Redrice Ventures as fund administrator for both its LP and managed account funds. We are delighted to report that Mainspring has been appointed as fund administrator for Redrice Venture’s new limited partnership VC fund. Redrice Ventures, the seed-stage venture fund which invests in digital-born brands and related technology companies, started its…