Lloyds Development Capital (Holdings) Limited (LDC), is a mid-market
private equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a t ...
house and subsidiary of
Lloyds Banking Group
Lloyds Banking Group is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. Lloyds Ban ...
, established in 1981 as Lloyds Development Capital Limited. From 1999 to 2011, it was known as Lloyds TSB Development Capital Limited.
Operations
In 1991, investment exceeded £30 million for the first time and in, 2001, LDC completed its 300th investment. By 2007, investment exceeded £300 million and it completed its 400th investment.
The company operates through the following UK subsidiaries, of which it has an interest in 100% of the issued share capital:
A subsidiary not registered in the United Kingdom, LDC (Asia) Limited, located in Hong Kong, was liquidated in 2015.
Assets
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NEC Group
The National Exhibition Centre (NEC) is an exhibition centre located in Marston Green, Solihull, West Midlands, England. It is near junction 6 of the M42 motorway, and is adjacent to Birmingham Airport and Birmingham International railway st ...
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UK2 Group
THG Ingenuity Cloud Services, formerly UK2 Group, is a global provider of internet services. It forms part of THG Ingenuity, an e-commerce services platform. Its services include web hosting, virtual private servers, domain name registration, ...
See also
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Lloyds Associated Banking Company
Lloyds Associated Banking Company Limited (LABCO) was the merchant banking arm of Lloyds Bank in the United Kingdom from 1971 until 1985, when it became part of the newly-formed Lloyds Merchant Bank.
History
LABCOs activities as a licensed deposi ...
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Agricultural Mortgage Corporation
The Agricultural Mortgage Corporation Plc (AMC) was formed in 1928 under the Agricultural Credits Act, to provide long term mortgages for land and redeveloping farming and rural-based businesses. Initially jointly owned by the Bank of England a ...
External links
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Lloyds Banking Group
1981 establishments in England
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