snipped-for-privacy@ybodon.not (Anon Poster) wrote in
> news: snipped-for-privacy@news.btinternet.com:
>
>> So, you want to start a business in a field whose name you don't >> know? >
> Well, I thought for long it was Investment Adviser, but it
> definitely wasn't the same.
>
>> Sounds like you mean a Venture Capital Fund.
>
> mmm ... seems to be reserved to private investors, and I plan to
> open it to individuals too.
AFAIK this would indeed be an investment business requiring authorisation.
(uk.finance added)