If I were in charge, I would do less picking of winners and losers in using a fund. I would start off by asking: What is the success of this fund? Are you making money on it? The criteria seems to be that you should be investing in commercially viable ventures. It's a repayable loan, so how much of it has been repaid over the last number of years? I'm curious about that answer. My gut feeling is I don't think it's that high, but I don't know.
What would I do?