Evergreen funding

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Evergreen funding

A British term referring to the gradual injection of capital into a new or existing enterprise.

Evergreen Funding

A situation in which a start-up receives funding in small amounts over a long period of time. This differs from an IPO or some venture capital investments, which tend to be large, one-time-only capital infusions. This tends to be a lower risk arrangement for those providing capital to the start-up, because if it fails in the meantime, no further capital infusions will be required.
References in periodicals archive ?
Prior to that, Mike served as the Divisional Sales Manager of the Institutional Channel at Evergreen Funds.
Insight Investment has announced that it is planning to close its UK small cap and evergreen funds after many principal investors chose to redeem their holdings.
Previously he had held positions with Fidelity and Evergreen Funds.
BOSTON, March 12 /PRNewswire/ -- The Board of Trustees of the Evergreen Funds today approved Evergreen's proposal to reopen Evergreen Global Opportunities Fund to new accounts, effective immediately.
Prior to joining OppenheimerFunds in 2002, he was a vice president and equity research analyst for Evergreen Funds.
Evergreen funds are open-ended funds that generally invest in marketable securities on a long and short basis.
A prospectus supplement was filed with the Securities and Exchange Commission (SEC) notifying open-end shareholders of the consummation of the merger with Wells Fargo as well as the interim Advisory and Sub-Advisory Agreements for all Evergreen Funds.
The introduction of a three-year expense ratio cap for merged or reorganized Evergreen Funds, during which time fund fees cannot be raised, only reduced;
A prospectus supplement was filed with the Securities and Exchange Commission (SEC) notifying open-end shareholders of the interim Advisory and Sub-Advisory Agreements for all Evergreen Funds.
Evergreen Investments and the Evergreen Funds do not make any representations or warranties (express or implied) about the accuracy of such forward-looking statements.
4 /PRNewswire/ -- The Board of Trustees of the Evergreen Funds today approved Evergreen's proposal to reopen Evergreen Special Values Fund and Evergreen VA Special Values Fund to new accounts, effective October 1, 2008.
BOSTON -- As part of the integration of the Evergreen Funds into the Wells Fargo Advantage mutual fund family, Evergreen Investments announced today that the Board of Trustees of the Evergreen Funds has approved proposals for name changes, new advisory and subadvisory arrangements, and the nomination of Trustees for each of the five Evergreen closed-end funds: Evergreen Income Advantage Fund (NYSE Amex: EAD), Evergreen Multi-Sector Income Fund (NYSE Amex: ERC), Evergreen Utilities and High Income Fund (NYSE Amex: ERH), Evergreen International Balanced Income Fund (NYSE: EBI) and Evergreen Global Dividend Opportunity Fund (NYSE: EOD).