Guardian Media Group (GMG) has announced plans to launch a new, independent £42 million venture capital fund - GMG Ventures. GMG Chief Executive David Pemsel will chair GMG Ventures. Alan Hudson, who joined GMG as Chief Investment Officer in 2011, will become Managing Partner of GMG Ventures. Start-up businesses interested in talking to GMG Ventures as a potential investor should contact info@gmgventures.co-Ends-For more information please contact: Brendan O’Grady, Guardian Media Group, brendan.ogrady@theguardian.com / 07812 183750. Guardian Media Group (GMG) is one of the UK’s leading media organisations.

Source: The Guardian October 18, 2017 08:15 UTC