Northern Venture Trust PLC is a venture capital trust specializing in direct and fund of funds investments. The fund seeks to make investments in middle market, buyouts, later stage, and mature companies. Within fund of funds, it makes private equity fund investments. The fund typically invests between ยฃ2 million ($3.11 million) and ยฃ10 million ($15.59 million) in companies with enterprise values between ยฃ10 million ($15.59 million) and ยฃ30 million ($46.77 million). It prefers to take majority stake in companies. It focuses on long-term equity and loan investments in a portfolio of quoted and unquoted shares and securities.