ECI Ventures raises its seventh fund

ECI Ventures, one of the UK's oldest venture capital firms, has raised a new fund amounting to £117m (€194m).

The new fund, called ECI 7, will continue the investment strategy of its predecessors, investing in smaller UK buy-outs.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire