The firm, managed by Dolmen Securities, was founded in 2002 and is sector neutral, with a primary objective of commercialising business opportunities that arise from university research. They work closely with university commercialisation teams and academics to evaluate propositions and make commercial decisions. The fund combines partnerships between business leaders, investors, universities and financial institutions to apply unique expertise to help build, commercialise and grow these opportunities. The firm is based in Dublin, Ireland and has benefited from the government's investment of €2.5bln for science research from 2002-2006.