Decision details

1.           That an investment of £10m into a second Life Sciences Fund be approved.

2.           That authority be delegated to the GMCA Treasurer and Monitoring Officer to review the due diligence information in respect of the above company, and, subject to their satisfactory review and agreement of the due diligence information and the overall detailed commercial terms of the investment, to sign off any outstanding conditions, issue final approvals and complete any necessary related documentation in respect of the investment noted above.