Finance Wales appoints Jerry Mobbs to strengthen its portfolio
management team
07/06/10
Finance Wales has appointed Jerry Mobbs, a specialist in
investing in small and medium-sized businesses (SMEs), as Deputy
Portfolio Manager. He joins Finance Wales’ seven-strong portfolio
management team.
Mobbs will use his extensive venture capital investment, fund
management and industry experience to work with Finance Wales’
growing portfolio of investee businesses, helping them secure
follow-on investment.
Commenting on the appointment, Finance Wales’ Investment
Director, Peter Wright said: “I am delighted with Jerry’s
appointment. He has a strong track record of investing in - and
working with – UK-based SMEs to maximise both company and
investment exit value. Jerry is experienced in helping SMEs make
the most of the investment they secure.
“Jerry joins Finance Wales at an important time. We invested a
record £37 million in SMEs in 2009 – 10. His SME investment
experience will considerably strengthen our portfolio management
team.”
See our latest investment figures.
Mobbs joins Finance Wales after nine years at Alliance Fund
Managers Ltd, the management company responsible for the MSIF
Venture Capital fund.
St Asaph-based Mobbs is pleased to be joining Finance Wales:
“I’m pleased to join Finance Wales at a time when its portfolio is
growing as it invests in more and more businesses. I’m keen to use
my investment experience and expertise to help businesses maximise
the potential of our investments and ensure Finance Wales builds a
strong portfolio.”
Finance Wales invested a record £37 million in Wales-based
businesses during 2009 -10, through 246 equity and debt investments
during the year.
Finance Wales provides commercial funding to small and
medium-sized businesses throughout Wales and to date it has
invested over £157 million through more than 2,400 investments.
For more information, please contact:
Marianna Marks
Tel: 079 5869 0659
E-mail: marianna@mandmcomms.com