Liverpool: Gateway to Finance
Place North West and the Chrysalis Fund are delighted to invite you to an exclusive event aimed at businesses and occupiers on Thursday 6 December.
This is your opportunity to hear from the Chrysalis fund managers, North West developer, Merepark, and the Liverpool Local Enterprise Partnership regarding new and innovative ways to access finance in the Liverpool City Region.
The Chrysalis Fund is the £30m development fund that launched in March this year. The funding comes from the North West's share of the European Regional Development Fund under the Project JESSICA initiative, which is supported by the European Investment Bank and handled in the North West by the Homes & Communities Agency.
Established to kick-start commercial development projects in the Liverpool City Region, Chrysalis has unlocked a new wave of urban investment funding to stimulate sustainable regional growth. As a dedicated investment vehicle with the ability to make flexible investments into projects on terms that encourage development, Chrysalis is also working to attract other sources of funding into the City Region, thereby creating a sustainable legacy fund.
Speaking at the event will be:
- Jim Gill, chairman of the Chrysalis Fund
- Richard Peel, managing director, Merepark
- Iain Jenkinson, investment director for the Chrysalis Fund
- There will also be a presentation from Mike Palin, executive director of strategic economic development, Liverpool City Region Local Enterprise Partnership, on the development of a City Region Investment Framework which is a key component of the City Deal announced in September and will touch on the work being undertaken to develop a £10m pot for plant and machinery secured via the Regional Growth Fund.
The event will take place from 2pm to 4pm on Thursday 6 December at Radisson Blu Hotel, Old Hall Street Liverpool followed by an informal drinks reception with the opportunity to meet the Chrysalis and LEP management teams.
The Fund is managed by the Igloo Consortium, which is made up of Igloo Regeneration Limited, GVA and RBC Capital Markets.