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Ken Wotton discusses the change in Management arrangements

Livingbridge has announced that it has reached an agreement to sell the fund and investment management business of Livingbridge VC LLP, comprising the Baronsmead VCTs and the Livingbridge Equity Funds, to Gresham House plc (“Gresham House”), a specialist alternative asset manager listed on the London Stock Exchange, for up to £40 million.

Ken Wotton talks about the rationale behind the transaction and details around the transition process.