UK pension funds invest 11% more in venture capital

Friday 5 January 2001 at 16:00

UK pension funds' investment in venture capital jumped 11% in 2000, according to the National Association of Pension Funds (NAPF).

Having completed its annual fund survey, the association has estimated that total investment in venture capital and development capital funds rose to £2.8bn (€4.41bn) in 2000, a notable increase from £2.525bn in 1999.