Issue - meetings
GM Investment Framework, Conditional Project Approval - Life Sciences Fund 2
Meeting: 24/09/2021 - Greater Manchester Combined Authority (Item 91)
91 GM Investment Framework, Conditional Project Approval 
PDF 579 KB
Report of Councillor David Molyneux, Portfolio Leader for Investment and Resources.
Additional documents:
Decision:
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.