However, others said the change raises potential red flags, given it comes a year after Bombora linked with Evolution and while the fund remains frozen. Bombora froze redemptions from its main fund in September as funding markets remained shut for pre-IPO companies, as revealed by this column. It told clients it planned to review the arrangement in March, with the freeze expected to stay in place until June, but a May update revealed redemptions would be suspended to September 2024, subject to review in June. |