Lloyds Development Capital (Holdings) Limited (LDC), is a mid-market
private equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...
house and subsidiary of
Lloyds Banking Group
Lloyds Banking Group plc 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 B ...
, 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.
In 2016, LDC supported the inaugural London
Evening Standard
The ''London Standard'', formerly the ''Evening Standard'' (1904–2024) and originally ''The Standard'' (1827–1904), is a long-established regional newspaper published weekly and distributed free newspaper, free of charge in London, Engl ...
Business Awards and the SME Business of the Year category.
[Hurley, Chri]
Small companies help London dream big
Evening Standard, 7 June 2016
Assets
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NEC Group
The National Exhibition Centre (NEC) is an exhibition centre located in Marston Green, England, near to Birmingham and Solihull. It is near junction 6 of the M42 motorway, and is adjacent to Birmingham Airport and Birmingham International ra ...
*
UK2 Group
See also
*
Lloyds Associated Banking Company
*
Agricultural Mortgage Corporation
References
External links
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Lloyds Banking Group
1981 establishments in England
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