Maven makes two new hires to portfolio team in the North West

Maven has strengthened its portfolio team with the appointment of Simon Robb and Ben Gregory. This will enable Maven to increase the level of support to its North West portfolio companies as well as to expand the level of business support to Maven’s growing portfolio.

Business Coach and Corporate Communications Specialist, Simon 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, Simon trained with Barclays before working for various international banks headquartered in Japan, Norway, Australia and Ireland.

Accounting and Finance graduate, Ben 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 £57.5 million worth of equity finance for the Northern Powerhouse Investment Fund a £400m 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 £25 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 £135 million with an additional £123 million in private sector finance since its launch in 2017.

Ryan Bevington, Investment Director at Maven, said: “We are delighted to welcome Simon and Ben 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.”

The Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.

If your business is in need of finance to help unlock its growth potential, NPIF Maven Equity Finance may be able to help. Contact Maven’s local team today on 0161 233 3500.

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