Decision Maker: Cabinet
Decision status: Recommendations Approved (subject to call-in)
Is Key decision?: Yes
Is subject to call in?: No
This report sets out the updated strategy and
business plan for the Warwickshire Investment Fund which, exists to
support the local economy through investing in local
businesses.
That Cabinet:
1. Approves the Warwickshire Investment Fund (“WIF”) Investment Strategy attached to the report at Appendix 2;
2. Approves the WIF Business Plan attached to the report at Appendix 3;
3. Authorises the Executive Director for Resources in consultation with the Portfolio Holder for Finance and Property to make such minor modifications to the WIF Investment Strategy as are considered appropriate but only where such changes do not reduce or remove any of the current checks and balances on investments included within the Strategy or Business Plan; and
4. Notes that the WIF Investment Strategy coming into effect is dependent upon approval of the wider Treasury Management Statement and Investment Strategy under which the WIF Investment Strategy and Business Plan sits.
Report author: Makion Chiwade
Publication date: 30/01/2025
Date of decision: 28/01/2025
Decided at meeting: 28/01/2025 - Cabinet
Accompanying Documents: