Mike Welch launches new property investment fund
Full Circle Partners, the investment advisory firm co-founded by Blackcircles.com founder Mike Welch has launched a new property fund. FCP Property Development Fund will provide loans ranging from £250,000 to £2.5 million. It has reportedly already invested approximately £6 million and could raise that to £20 million in the next year or so.
Full Circle was co-founded by Welch, Paul Jarman-Williams and Nick Freer in September 2017. Portfolio companies include fashion technology start-up Atterley.com, Indian online tyre retailers Tyremarket.com, concept restaurant Dia+Noche and PlayerData, the maker of wearable technology.