Venture Capital
Capitalising on a wave of science and technological disruption leveraging the skills and innovation of our partners, including best-in-class universities.
Our approach
Our Venture Capital platform offers institutional investors access to aspiring businesses at the forefront of scientific and technological innovation. We source investments directly through our sector-aligned investment team, as well as partnering with other top VC managers and leading university investment platforms, to offer early-growth companies the capital they need to scale up.
Since 2016 we’ve aimed to find investment opportunities in both the UK and EU markets, seeking out companies that are looking to address today’s global challenges and solve real-world problems. Our senior team has an average of >20 years’ experience and deep expertise in our core sectors of healthcare, technology and within the university spinout ecosystem.
The university spinout market is an area of particular focus for the Venture Capital team, and a sector where we are seeing increasing appetite from our clients and partners to invest alongside us. L&G has deep relationships across this sector with £7.7bn* committed to date by L&G and partners.
*As at 30 June 2023, includes value of L&G direct debt and equity investments and aggregate commitments to be provided by partnerships with others.
What makes funding UK University innovation attractive for institutional investors?
UK university spin-outs
As a long-time partner of UK research institutions and their related investment platforms, we have witnessed ecosystems continue to grow around the UK’s world-class educational institutions.
Meet the team
Chris Hopkins
Managing Director, Venture Capital
c.20 years’ experience across venture capital, finance, innovation and within government. Responsible for L&G’s VC desk.
Alastair Stewart
Head of Investments, Venture Capital
> 20 years’ experience across venture capital, investment banking and healthcare.
Martin Murphy
Senior Advisor
> 25 years in EU & US Venture. Founder, CEO & Chair of Syncona IM Ltd, co-founded with The Wellcome Trust.
Chloe Hall
Senior Investment Manager
>5 years of VC experience, specialising in growth-stage deeptech. Previously at BPC and with experience in semiconductor M&A.
Nicole Lai
Principal
>7 years of VC experience, specialising in healthcare and deep tech from pre-seed to growth stages.
Andrew Sloane
Investment Director
24 years’ experience split equally between venture capital, including as co-founder of VC platform ADV, and as a corporate lawyer focused on M&A and private equity.
Thomas Coles
Head of Venture Capital Strategy
>10 years working in corporate finance and finance roles at large PLCs including covering transactions, valuations and portfolio management.
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Contact us
Get in touch
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Key risks
The value of any investment and any income taken from it is not guaranteed and can go down as well as up, and investors may get back less than the amount originally invested. It should be noted that diversification is no guarantee against a loss in a declining market. The risks associated with each fund or investment strategy should be read and understood before making any investment decisions. Further information on the risks of investing is available from L&G's Fund Centres.
While L&G has integrated Environmental, Social, and Governance (ESG) considerations into its investment decision-making and stewardship practices, this does not guarantee the achievement of responsible investing goals within funds that do not include specific ESG goals within their objectives.
Prior to making any investment, please ensure that the mentioned funds or strategies are duly registered for sale within your jurisdiction.