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<p>Private equity and venture capital have provided over £27 billion of investment
into more than 3,900 UK companies in the past five years. Between 2008 and 2014 private
equity and venture capital generated on average 14.9% annual returns for pension funds
and other investors (source: British Venture Capital & Private Equity Association).</p><p>
</p><p>The consultation ‘Financing growth in innovative firms’ published in August
2017 recognised that the UK’s private equity industry is very developed, with the
UK host to a quarter of the top 20 private equity investors in the world, and the
government’s response set out a plan to strengthen the UK’s position as a global leader
in the market for growth capital for innovative businesses. Further measures were
set out at Budget 2018.</p>
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