BVCA hires Young to spread message in North

The lobby group has hired Richard Young, an industry veteran of almost 30 years, who joins from Enterprise Ventures. Mr Young previously held roles at 3i and was founder of the Manchester Technology Fund.

Mr Young will start his new job on November 1 and will operate from Manchester to promote the role of private equity and venture capital in the North and enhance the BVCA’s engagement with members.

Tim Hames, director general, said: “As a national trade association we have always been active throughout the country and while much of our membership is based in London, a significant minority of our membership, a substantial slice of actual and potential UK investors and the clear majority of UK investee companies are located beyond the capital.”

Mr Young said the North is “richly endowed” with private equity and venture capital activity.