Greater London Enterprise (GLE) is London’s economic development company, wholly owned by all 33 London boroughs and therefore in a unique position to deliver economic regeneration across the capital. GLE operates commercially and receives no public subsidy. Commercially and constitutionally independent, GLE operates outside the framework of public spending controls which apply to local authorities and invests its profits, commercial skills and know-how to help make economic regeneration happen. GLE Development Capital, the venture arm, provides equity finance for established companies with attractive growth potential. In April 2008, GLE Group acquired YFM Group, a UK provider of early stage funding.GLE Development Capital was acquired by Matrix Private Equity Partners, now Mobeus Equity Partners.
Venture Capital
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