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 ÂĢ2 million ($3.11 million) and ÂĢ10 million ($15.59 million) in companies with enterprise values between ÂĢ10 million ($15.59 million) and ÂĢ30 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.