Maven makes three new hires to investment team in Scotland

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Victoria McLaren and Craig McGill join as Investment Managers where they’ll lead on deal origination and execution, with a focus on Scottish deals and opportunities for the IFS Fund. Jamie Warner also joins as Investment Associate to support the growing deal team as they continue to back ambitious and entrepreneurial companies across Scotland.

Published: Aug 28, 2024
Focus: IFS Maven Equity Finance

Victoria is a qualified corporate lawyer, specialising in M&A, private equity, venture capital and early-stage investment work. Her deal experience spans a wide variety of industry sectors and involved cross-border transactions, particularly in the technology, life-science and software sectors. Victoria joins from Brodies prior to which she spent close to 8 years at Thorntons specialising in transactions involving development capital funding for entrepreneurial and high growth businesses.

Craig qualified as a Chartered Accountant with Deloitte before joining Corporate Finance specialist HNH where he worked on a range of M&A transactions across a number of sectors and stage of business covering Building Products, Haulage & Logistics, Specialist Engineering, Aquaculture, Whisky and Sport Tech. Jamie is also a CA joining from EY, where he gained broad experience in audit and business assurance. Prior to this Jamie specialised in corporate tax and advisory work for the SME business comminuty whilst with Azets and Johnston Carmichael.

Maven has a long established deal team operating in Scotland, including four transactional partners with a national office network spanning Aberdeen, Edinburgh and Glasgow. 

Last year Maven was appointed as Fund Manager for the initial £50 million equity fund, part of the overall £150 million Investment Fund for Scotland with the new additions supporting the enlarged team at a time of continued high investment activity.

IFS Maven Equity Finance has already announced a number of new investments into local businesses including: 3D printed micro-tumour specialist Carcinotech, Perth-headquartered producer of premium Indian ready meals, Praveen Kumar, and industry-leading learning and training management platform, Administrate, underscoring Maven’s commitment to nurturing innovative businesses across Scotland and driving their growth to realise their full potential.

 

“Maven is rightly proud of its Scottish heritage, and this further and significant investment in the team only strengthens our ability and ambition to identify and support the growing number of entrepreneurial companies seeking growth capital. The launch of IFS in 2023 marked a strong intent to increase the level of funding available to Scottish businesses and I am delighted that the team have been able to support a number of companies with investment already with a number of other discussions well advanced. The growth in our team comes at a very exciting time for Maven with the recent launch of IFS and we are delighted to have been able to welcome three highly talented individuals who very much compliment the existing team and who collectively are committed to supporting the SME business community across Scotland.”

Alan Robertson, Partner at Maven

 

“We’re delighted to welcome Victoria, Craig and Jamie to Maven. The response to the IFS has been fantastic and we are exceptionally busy and therefore the contribution from all three will be crucial in continuing Maven’s success in identifying and supporting high-potential businesses across Scotland. These appointments underscore our commitment and belief in our regional approach and having passionate, experienced professionals on the ground to help support our SME community.”

David Milroy, Partner and Fund Manger for IFS

 

The purpose of the Investment Fund for Scotland is to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across Scotland. The Investment Fund for Scotland will increase the supply and diversity of early-stage finance for smaller businesses in Scotland, providing funds to firms that might otherwise not receive investment and help to break down barriers in access to finance.