Manchester-based provider of alternative investment solutions, Praetura Investments, has announced the appointment of Caroline Flagg, Peter Marsland and James Rochfort to its business development team, as it looks to grow awareness of its EIS, VCT and BR qualifying offerings and connect with a greater number of investors and advisers across the UK.
In her new role, Caroline will support Praetura’s fundraising efforts by maintaining relationships with direct investors, family offices and Praetura’s Venture Partner network, made up of high-net worth individuals and angel investors.
Peter will manage relationships with financial advisers in London and the South-East as the firm increases its outreach following its recent expansion into Wales and the South-West.
James will head up the new internal business development team, as Praetura looks to help advisers across the UK with all of the resources they require in order to talk to their clients about alternative investments.
The trio will continue to grow the business across the firm’s investment offerings, including the Praetura EIS Growth Fund, the Praetura Inheritance Tax Planning Service and Praetura’s latest offer, Praetura Growth VCT, which is seeking to raise an initial £10m to invest in growth businesses primarily based in the North of England.
All three new appointments are highly experienced business development professionals, having been part of the Octopus Investments business for approximately a decade each in various senior roles and departments.
Prior to this, Caroline worked for Huntress Group and Goodman Masson. A former international rower, Peter’s CV also includes work for Schroders, while James previously worked for Distribution Technology before joining Octopus, where he latterly became part of the management team.
Commenting on the appointment, Jon Prescott, partner at Praetura Investments, said: “We are delighted to have attracted people of Caroline, Peter and James’ calibre to our business and I am excited to be working with them again having previously been part of the Octopus team. They are joining the existing business development team at an extremely exciting time and their appointments reflect the significant growth the business has undergone over the past five years. 2023 has been particularly exciting to date with the launch of Praetura Growth VCT in June.”