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UK Govt's Innovation Fund Opens Up To Outside Managers by By Marietta Cauchi, Dow Jones Newswires; +44 207 842 9241; marietta.cauchi@ dowjones.com

LONDON -(Dow Jones)- The U.K. Monday released invitations to outside managers interested in managing its GBP1 billion venture capital fund of funds, just one month after the Innovation Investment Fund, or IIF, was launched with GBP150 million from the government.