Question to the Department for Business and Trade:

To ask His Majesty's Government whether any capped return or fee offset mechanisms were used in funds backed by the Long-term Investment for Technology and Science; if so, what their expected cost is; and how clawback will be triggered if fund performance falls below target.

This information is not publicly available. Fees paid by the British Business Bank are the same as other investors and in line with market standards for the asset class.