Fund manager Neil Woodford has sold his entire stake in Oxford Sciences Innovation, worth close to $70m, as his funds have come under increasing pressure.
UK-based investment firm Woodford Investment Management has sold its entire shareholding in Oxford Sciences Innovation (OSI), the university venture fund of University of Oxford, according to the Sunday Times.
The stake, worth £55m ($69.6m), has seemingly been sold to family offices and international investors. Woodford had hired stockbroker Numis to handle the transaction.
Woodford Investment Management, founded by fund manager Neil Woodford in 2014 after he left investment management company Invesco Perpetual, held shares in OSI through two…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
