<a href="http://www.uasail.com/html/group/noble_funds/gs_3.htm">Noble Fund Managers Ltd</a>, an investment bank in the UK, announced that it is creating a £25m ($35 million) fund called "Fund4Games" to finance development of console and PC games in Britai
NFM, which is a division of of UK-based investment bank Noble Group, said its fund will fund projects on a case-by-case basis -- essentially a venture capital fund. The fund will back relatively small games in the $365,600-$1.5 million range. NFM says that investors will be at less risk than with a traditional venture investment, since returns will be made as each game is completed and hits store shelves. Contact information for NFM is at http://www.uasail.com/html/map/contact.htm.
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