The U.K. banking sector will roll out a new £2.5 billion fund, Financial Times reports. The Business Growth Fund will invest in businesses with a £10-100 million turnover.

The vehicle will invest between £2 million and £10 million in each deal, with the fund taking an equity stake of between 10% and 50%. The new offering target up to 40 deals a year.

Click here for the story from Financial Times.