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Former Treasury Minister to join Maven Capital Partners

Ian Pearson, the former Treasury and Business Minister and chief executive of a private equity and consultancy company, has been appointed as a senior adviser to Maven Capital Partners.

Maven is an independent private equity business which was established just over 12 months ago following a buy-out from Aberdeen Asset Management.

Pearson will work with Maven’s managing partner Bill Nixon to expand the business, which has offices in Glasgow, Aberdeen, Manchester, Birmingham and London.

“Small and medium sized businesses are the life-blood of the UK economy and providing growth capital to support their development is an important way of securing new jobs and creating value for businesses and investors,” Pearson told the Herald.

“Maven has a terrific team of investment executives and is one of the leading players at seeking out the best deals and investing in companies in the GBP5m to GBP25m enterprise value range. I’m delighted to be working with them” he said.

Pearson, who was responsible in the Treasury for enterprise and growth policy, is understood to have received a number of approaches about business roles but is particularly keen to support SMEs.

Bill Nixon, managing partner at Maven, says: “Ian has a tremendous pedigree and is very well connected across the business and political spectrum. During his time as a minister he gained senior front line experience in a number of areas where his knowledge is immediately transferable into the private equity industry. I am looking forward greatly to working with him to develop the Maven business.”

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