Unilever To Shift Strategy

Unilever PLC plans to transition from a general partner to limited partner role with Unilever Technology Ventures, according to VentureWire. The move would enable the spinout of an independent VC group called Physic Ventures, which would manage the current UTV portfolio, plus raise third-party capital for new deals. www.unilevertechnologyventures.com www.physicventures.com