Published: Aug 10, 2010
Focus:
Growth Capital
Ian Pearson appointed as a senior adviser to Maven Capital Partners
Ian Pearson, the former Treasury and Business Minister and chief executive of a private equity and consultancy company, has been appointed as a senior adviser to Maven Capital Partners, the independent private equity business established just over twelve months ago following a buy-out from Aberdeen Asset Management.
Highly regarded as a Minister by the business community, Ian Pearson will work with Maven’s Managing Partner Bill Nixon to expand the business, which is already one of the UK’s most active SME investors, with offices in Glasgow, Aberdeen, Manchester, Birmingham and London.
“Small and medium sized businesses are the life-blood of the UK economy and providing growth capital to support their development is an important way of securing new jobs and creating value for businesses and investors” Ian Pearson told the Herald.
“Maven has a terrific team of investment executives and is one of the leading players at seeking out the best deals and investing in companies in the £5 million to £25 million enterprise value range. I’m delighted to be working with them” he said, adding that he thought the way Maven provided active help to companies post-investment was one of their particular strengths.
Ian Pearson, who was responsible in the Treasury for enterprise and growth policy, Public Private Partnerships and Infrastructure UK, where he worked closely with Lord Davies the ex-Trade Minister and former head of Standard Chartered, is understood to have received a number of approaches about business roles, but is particularly keen to support SMEs.
Bill Nixon, Managing Partner at Maven, commented: “Ian has a tremendous pedigree and is very well connected across the business and political spectrum. During his time as a minister he gained senior front line experience in a number of areas where his knowledge is immediately transferable into the private equity industry. I am looking forward greatly to working with him to develop the Maven business.”