Foresight Group LLP announces the appointment of Kavita Patel and Ian Harris to the Board of Foresight Enterprise VCT.
Patel is a Partner and Head of Investment Funds at the law firm Shakespeare Martineau, where she has gained significant experience in advising clients across the financial services sector – both in the retail and institutional space – on corporate, regulatory and governance matters.
Harris has extensive experience in the private equity asset management industry and was a Partner and Chief Operating Officer of SL Capital Partners, the private equity and infrastructure arm of Standard Life Investments. He has extensive board, governance and valuation experience across a variety of private assets, fund structures and jurisdictions.
Launched in 1998, the FE VCT has raised over £148 million, providing investors with exposure to growing UK-focused companies, with enterprise values typically between £5 million and £25 million.
Raymond Abbott, outgoing chair of Foresight Enterprise VCT, said: “Kavita and Ian have excellent track records and reputations within the industry, and are both well placed to help continue delivering strong returns for shareholders, drawing on their combined experience, guidance and expertise.”