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Wednesday, September 23, 2026The Morning Brief →Sign in
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Mercia Ventures

In PWD coverage since September 23, 2026 · 2 stories
1Deals on our tracker
Deal recordFull tracker →
Sep 22, 26Fund launchBritish Business Bank · Eastmeare · $140 — coverage
PWD coverage
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The sustainable label now names who absorbs the first loss

Mombak’s $150 million close, Nigeria’s $300 million of public money, and a state lender inside a $140 million Mercia Ventures vehicle all disclose who absorbs the first loss before they disclose what the fund owns.
direct_lending · Sep 23Britain's state bank is lending where private credit's economics stop
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