Former 3i Director seeking to establish a portfolio of interests. Extensive knowledge of the challenges and opportunities facing SMEs, family companies and larger organisations.
25 years expertise in private equity involvement in companies and all aspects of company financing, particularly realisations.
Member of FTSE 100 company CSR Committee.
Recent Trustee of FTSE 100 company pension fund.
Graduate Chartered Accountant.
Relevant Achievements Director of a number of 3i subsidiary companies. Involvement with literally hundreds of companies at Board level over 25 years, usually as an Observer rather than as a formally appointed NXD due to 3i policy. Now a NXD of a successful private company.
Between 1999 and 2008 the private equity asset management team of which I was a Director generated cash of over £1bn from assets which were initially thought to have a value of less than £500m.
Member of CSR Committee charged with implementing and monitoring best practice in social, ethical and environmental issues.
Director Trustee of the 3i Group Pension Plan. Holder of PMI Award in Pension Trusteeship Certificate (Defined Contribution and Defined Benefit Schemes).
Employment History
July 2008 - Hedgelane Limited Present Non Executive Director
Pension Scheme Trustee
Hedgelane is the parent company of The Consortium (www.theconsortium.co.uk), a £40m turnover profitable private company supplying customers in the Social Care, Education, Early Years and Training Sectors. The Consortium is the largest independent supplier of education resources in the UK.
February 1983 – 3i plc, Private Equity March 2008
October 1999 – Director, Smaller Minority Investments March 2008 Team
Responsible for:
A team of 17 investment and support staff in the UK and 7 investment staff in Germany
Managing a portfolio of 500 smaller minority equity investments in the UK and 60 in Germany
All aspects of 3i’s relationship with these investments
Team staff development
Part of the UK management team of 3 for this segment of 3i’s portfolio (2/3 by number of the UK portfolio).
Director of Garden’s Pension Trustees Limited (June 1999 – June 2006). Effectively a member nominated Trustee of the £350m 3i Group plc pension fund (a defined benefit scheme).
Member of the 3i Group plc Corporate Social Responsibility (CSR) Committee (December 2005 – March 2008). This Committee, which reports to the 3i Group plc main board, is charged with ensuring that 3i is a leader in its industry group on a global basis in this area and maintains its position in the Dow Jones Sustainability World Index.
September 1986 – Investment Director, 3i Bristol September 1999
Responsible for:
A team of investment staff
Marketing, structuring, negotiation, documentation and monitoring investment by 3i
Regional portfolio management
3i’s larger transactions
Bristol office in the absence of the Local Director
February 1983 – Investment Controller, 3i Birmingham August 1986
Responsible for:
Marketing, structuring, negotiation, documentation and monitoring of investments
Trained in all aspects of unquoted investment.
November 1981 – Smith Keen Cutler, Stockbrokers in January 1983 Birmingham and London
Research Analyst
Responsible for:
Initiating and conducting financial and market research into public companies
Presenting reports, both oral and written, to City institutions
Specialising in the Leisure and Aerospace sectors
Additionally:
Member of the Corporate Finance team – raising finance for companies, including stock market flotations (IPO’s)
September 1975 - Deloitte Haskins & Sells August 1976 Chartered Accountants, Birmingham
August 1977 – Audit Senior October 1981
Supervised audits of major companies; activities included consumer products, construction, engineering and banking
Prepared consolidated accounts for medium sized groups, together with tax computations
Thorough training in all aspects of accountancy and taxation
Practical experience of preparing all forms of accounts up to statutory level
Academic Qualifications
1967 –1973 Bristol Grammar School
3 ‘A’ and 8 ‘O’ Level GCE passes
1973 – 1977 University of Aston in Birmingham
BSc in Administrative Science
Upper 2nd Hons, specialising in Accounting, Economics, Statistics and Law. Included a sandwich year with Deloitte Haskins & Sells.
