What is the relationship between IP Group and LONDON in the context of the input sentence. Choose an answer from: product/material produced; manufacturer; distributed by; industry; position held; original broadcaster; owned by; founded by; distribution format; headquarters location; stock exchange; currency; parent organization; chief executive officer; director/manager; owner of; operator; member of; employer; chairperson; platform; subsidiary; legal form; publisher; developer; brand; business division; location of formation; creator.

LONDON (ShareCast) - (ShareCast News) - IP Group (LSE: IPO.L - news ) has made a £50.3m fair value gain in the value of its stake in portfolio company Oxford Nanopore Technologies after the Oxford University spin-out venture raised £70m in a new financing round.

Answer: headquarters_location