Other limited partners include state-backed European Investment Fund, Scottish Enterprise and the Strathclyde Pension Fund.

Rock Spring Ventures, a UK-based venture capital firm, has raised more than half the targeted £50m ($75m) for its first fund from limited partners including Aberdeen, Edinburgh and Glasgow universities in Scotland. Other limited partners include state-backed European Investment Fund, Scottish Enterprise and the Strathclyde Pension Fund. Sinclair Dunlop set up Rock Spring to invest…

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