Sponsor

Definition:

Generally, the person responsible for organizing and promoting investment opportunities, as well as raising capital. Typically, a major equity-holder in a private equity company.

In the United Kingdom, a Financial Conduct Authority (FCA) approved adviser who is registered on the FCA’s list of sponsors. In certain circumstances a Sponsor must be appointed by issuers in the listing categories for commercial companies, closed-end investment funds and shell companies. Once appointed, the Sponsor has obligations to both the company and the Financial Conduct Authority (FCA).

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