Investment manager Downing, which specialises in VCTs, EIS, estate planning and debt-based crowdfunding, as well as running a number of OEICs and an investment trust, has made seven new appointments.
The London based firm has built a 130-strong team and currently has some £1bn funds under management.
It has appointed three sector specialists to its energy team: Vaggelis Tsesmelidakis as Investment Director, Ana Knight as Technical Asset Manager and Amar Amin as Investment Executive. Knight previously held the role of Technical Director for PS Renewables and Tsesmelidakis has a long-standing career in finance and energy, with senior roles at Deutsche Bank, Thurlestone Capital and global asset manager Capital Dynamics.
Jonathan Lloyd-Evans, Daniel Cheung and Michael Joseph also the wider investment team as Investment Executives. Lloyd-Evans previously worked for PwC, where he held the role of Senior Associate in the Transactional Services team. Cheung was at Arma Partners, European Capital and Transferguru and Joseph has previously held roles at PwC and Pugh Daniel Properties.
Hannah Kenny has been appointed as Investment Executive for the lending team, where she will work on the deployment of the newly launched Downing Development Finance (DDF) Bond.
Downing Partner and Head of Investments Chris Allner said: “Downing’s newest recruits are joining us at a really exciting time, as assets under management move through the £1 billion mark. We are using our long-standing expertise in asset-backed property and energy investing to expand our crowdfunding platform, while our experience in early-stage investing continues to go from strength to strength with the growth of our Ventures activity.
“Each new team member brings with them an exciting variety of expertise from across a range of sectors, making them well suited to work across our diverse range of investment sectors. We are confident that each will make a strong addition to our investment team and I’d like to wish every one of them a warm welcome to Downing.”