What is the name for, or is there even a name for, a type of fund that takes investment money uses it to create new businesses?
I'm not asking about Private Equity, which buys up established companies and either holds them as a revenue-generating asset or tries to flip them.
Nor Venture Capital, which takes money and invests in up-and-coming businesses.
I'm talking about something like: "We have identified an open Retail Lot, and market research indicates this area has demand for a Japanese restaurant that is not being met", so the fund creates a new restaurant business in that location and builds it up as a revenue-generating asset to pay investors, either from ownership dividends or sold like Private Equity. Then it moves on to another retail lot and identifies a doctor's office is needed in that location, and so on.
Does such a thing exist? If so what is it called? If not, why not?