Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Life sciences investor NetScientific said it had poured more funds into specialist finance provider Martlet Capital.
NetScientific said its corporate finance and venture capital subsidiary EMV Capital syndicated about £0.74 million of its investment into Martlet Capital to its investor network.
It also had invested a further around £0.73 million into Martlet Capital, which had been agreed to be syndicated to the investor network shortly.
'As a result of this investment, the total syndicated amount is £1.47 million, under carried interest arrangements, while the group's direct holding upon completion will have decreased from £1 million to £0.25 million,' Netscientific said.