Business
Mercia Asset Management well-funded and seeing "growing opportunities to deploy capital"
(NewsDirect) Mercia Asset Management PLC (AIM:MERC) CEO Dr Mark Payton speaks to Thomas W...

About this update from Mercado Minerals Ltd.
[{"type":"text","content":"Mercia Asset Management well-funded and seeing \"growing opportunities to deploy capital\"\n \n \n (NewsDirect)\n \n \n \n \n Mercia Asset Management PLC (AIM:MERC) CEO\nDr Mark Payton speaks to Thomas Warner from Proactive after the\nspecialist asset manager announced it has successfully disposed of its\nlargest direct investment nDreams, a virtual reality studio\nspecialising in developing and publishing VR games, in a profitable\nsale to diversified video gaming investment group Aonic.\n \n \n Dr Payton starts by giving a brief\noverview of the business, highlighting Mercia's primary focus on\nventure capital, which accounts for about half of its capital\ndeployment. Mercia operate across the UK with 11 offices, supporting\nentrepreneurs and startups.\n \n \n He goes\non to explain the background to the disposal of nDreams, noting that\nthe transaction has allowed Mercia to realise a substantial return on\nits investment. Dr Payton emphasises Mercia's ongoing commitment\nto the growth of the UK's entrepreneurial ecosystem and their\nstrong belief in the potential of their portfolio companies.\n \n \n Despite challenging economic conditions, Mercia remains active\nin identifying and seizing investment opportunities, with a focus on\nlong-term growth and support for serial entrepreneurs. The interview\nconcluded on a positive note, highlighting Mercia's role as a\nsupportive investor in the UK's startup landscape, poised to\ncontinue backing ambitious entrepreneurs in their journey toward\nsuccess.\n \n \n \n Contact Details\n \n \n \n Proactive UK\nLtd\n \n \n +44 20 7989 0813\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":2084,"tagName":"div"}]