Northern Ireland Growth Fund and Crescent Capital seek Connecticut investment; presenters offer materials and request meetings with state officials

Representatives of the Northern Ireland Growth Fund and Crescent Capital presented a pitch to the Connecticut-Ireland Trade Commission seeking Connecticut participation in a £100 million development capital fund focused on Northern Ireland and adjacent border counties.

Colin Walsh, CEO of Crescent Capital, described the fund’s structure and geographic remit as covering Northern Ireland’s six counties and six adjacent border counties in the Republic of Ireland. “It’s a £100,000,000 development capital fund,” Walsh said, adding that the fund would be managed from Belfast and would rely on Crescent’s networks and introducers.

Walsh and other presenters said earlier funds had invested in 38 businesses and helped create more than 2,000 jobs across three prior funds. The presenters cited prior investment from the New York…