Finance Yorkshire welcomes new addition to the Equity Fund team
Published: 12th December 2011
Finance Yorkshire has welcomed a new addition to the Equity Fund team.
Nick Clarke has joined the team on secondment from Deloitte, one of the world’s Big Four accountancy firms, where he has worked for three years as a member of the Transaction Services Team.
Nick, 25, from Leeds, will spend his time at Finance Yorkshire as an Investment Manager on the Equity Fund team where he will work with businesses across the region that are looking for equity linked investments up to the value of £2m.
Nick said: “I’m really pleased to be on secondment with the Equity Fund team at Finance Yorkshire. It will give me a chance to expand on the work that I have been doing at Deloitte for the last few years. At Deloitte, as part of the Transaction Services Team I worked on specific areas of a transaction for a client, as part of the Equity Fund team I will be managing the whole investment process.
“There are plenty of good SMEs across Yorkshire and the Humber that have the potential to grow and expand but struggle to secure the funding to do so, and that’s where Finance Yorkshire can help. It will be interesting to be involved in the investment from start to finish and work to help these businesses access the finance they need but may struggle to get elsewhere.”
By providing seedcorn, loan and equity linked investments, ranging from £15,000 to £2 million, Finance Yorkshire helps a range of small and medium sized businesses to meet their funding requirements for growth and development.
The project is supported financially by the European Union. It has attracted £30 million investment from the European Regional Development Fund (ERDF) as part of Europe’s support for the region’s economic development through the Yorkshire and Humber ERDF Programme, £15 million from Yorkshire Forward’s Single Programme, and £45 million match funding from the European Investment Bank.
For more information about Finance Yorkshire, please visit www.finance-yorkshire.com or ring 0845 649 0000.
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