Maven adds two new hires to portfolio team
Maven Capital Partners (Maven) has added to its portfolio team with the appointment of Simon Robb and Dean Gregory. The appointments will enable Maven to increase the level of support to its North West portfolio companies and to expand the level of business support to the firm’s growing portfolio.
Business Coach and Corporate Communications Specialist, Robb joins as Portfolio Manager with over 20 years’ experience in Corporate and Investment Banking in the City and the North West. An Economics and Politics graduate, Robb trained with Barclays before working for various international banks headquartered in Japan, Norway, Australia and Ireland.
Accounting and Finance graduate, Gregory joins as Portfolio Analyst to provide portfolio administration and support to the North West investment team on behalf of a range of client funds. Prior to joining Maven, Ben spent one year in Dubai with KPMG Lower Gulf within their audit function and completed an internship in Zurich with General Electric.
Appointed by the British Business Bank in February 2017, Maven manages GBP57.5 million worth of equity finance for the Northern Powerhouse Investment Fund a GBP400m fund for growing businesses in the North of England. Working with the Local Enterprise Partnerships (LEPs) and Combined Authorities in the North West, Maven has invested over GBP25 million into 42 companies since the Fund launched.
NPIF was launched as a partnership between the British Business Bank, 10 Northern England Local Enterprise Partnerships, the European Investment Bank and the European Regional Development Fund.
Across the North NPIF has now completed over 620 investments, totalling more than GBP135 million with an additional GBP123 million in private sector finance since its launch in 2017.
Ryan Bevington, Investment Director at Maven, says: “We are delighted to welcome Simon and Dean to our growing portfolio team to help us continue to support the high-growth, innovative businesses we invest in. Having supported over 40 SMEs across the North West since the Northern Powerhouse Investment Fund launched, demonstrates the need for this type of equity finance, and the breadth of innovative, fast growing small businesses that currently exist, ready to take on finance to grow their business.”