|
Beringea Expands UK Investment Team
27 July 2007 –LONDON -- International media investment specialist, and manager of the ProVen VCTs, Beringea Ltd has announced the expansion of its UK investment team.
Director Trevor Hope has been appointed to the new role of Chief Investment Officer and new Investment Director Karen McCormick has joined the team.
Hope, who joined Beringea in 2003, will oversee the company’s investments activites from the company’s London office. His responsibilities will include investment activities related to the firm's institutional global media funds, Global Rights Fund II, and its UK venture capital trusts, the ProVen VCTs. In addition to managing current investments,
Hope will play a key role in the firm’s current fundraising process. Hope has been responsible for many of Beringea’s top investments, such as i-Level and Gyro International, and promising new investments Optima and Dianomi.
Joining Hope on the Beringea investment team is newly appointed Investment Director Karen McCormick. McCormick comes to Beringea from Boston Consulting Group, where she led financial and operating strategy development and execution for major European clients. Prior to that, she was a consultant for Kurt Salmon Associates and co-founded a luxury products retailer. McCormick has an MBA from INSEAD and a B.A. from Boston University.
Trevor Hope commented: “Beringea has had great fundraising success in recent years based on strong investor returns, resulting in a larger pool of funds under management. The creation of a CIO position and the addition of Karen McCormick will ensure we maintain the high quality of our balanced investment portfolio."
More Information: Jane O’Connor, Marketing Manager, Beringea Ltd Ph: 020 7845 7826 E: joconnor@beringea.co.uk
About Beringea Ltd Beringea Ltd. is an international private equity and investment banking firm with offices in London, Detroit, Los Angeles and Shanghai. Beringea is the manager of funds including Proven VCT, ProVen Growth & Income VCT, and Global Rights Fund II, amongst others.
For more information please visit www.beringea.com /
www.provenvcts.com.
Beringea Ltd Registered Address : 39 Earlham St, London WC2H 9LT T: 020 7845 7820 F: 020 7845 7821 Registered In England and Wales No. 1478819
www.beringea.com / www.provenvcts.com
Beringea Ltd is authorised and regulated by the Financial Services Authority FSA FRN: 138888 |