LDC (Lloyds Development Capital)

Overview

Mid-market direct-investment subsidiary of Lloyds Banking Group, founded 1981. Commits £2-100 million of Lloyds' own capital for equity stakes, buyouts and growth financing across the UK economy; has backed 675+ management teams since inception -- a genuine, long-running principal-investing vehicle, not an internal budget line. Note: distinct from the unrelated third-party company "Lloyds Ventures" (lloydsventures.com), which has no relationship to Lloyds Banking Group. An AUM figure of ~$1.7bn is cited by a secondary deal-aggregator (Mergr) but was not confirmed via a primary Lloyds disclosure, so it was not recorded.

Key Facts

Type

Corporate Venture Capital / Family Investment Arm