Alternative fund investment platform Kuber Ventures has boosted its business development team with four new hires, including a former professional rugby player.
Kuber explained that the hires are in a response to the Autumn Budget, in which Chancellor Philip Hammond doubled the limits for tax-efficient investment in knowledge-intensive companies under the Enterprise Investment Scheme (EIS). Kuber believes the Budget was a vote of confidence in the EIS and the role it can play in fueling growth and innovation.
- Jon Lilley will be covering London. Jon has nearly 40 years’ experience in financial services, including roles at Sun Alliance, Scottish Provident and Aegon. He brings considerable sales experience to Kuber Ventures, having distributed life and pension investment funds.
- Dan Moss covering the Midlands, north-west and north-east. He is now in his 24th year as a financial services professional, having started as a tied adviser and then an IFA. More recently, he has experience as a business development manager for companies including AXA, SANLAM and Intrinsic FS.
- James D’Mello covering London, the south-east, the East of England and Scotland. James has more than ten years’ experience within financial services across a range of sectors including retail banking, pension funds, derivatives and retirement solutions, from companies including Santander and MetLife;
- Ashley Smith as a Business Development Associate, will provide the Business Development Managers with support. He is a former professional rugby player who represented London Wasps and London Welsh. He will also be representing Jamaica at Rugby 7s in the forthcoming Commonwealth Games.
CEO of Kuber Ventures Dermot Campbell (above) said: “We are delighted to welcome these new appointments, all of whom bring great depth of experience to our team. The calibre of the people involved is eloquent testimony to our determination to offer the highest quality service to both advisers and fund managers working in EIS.
“The Autumn Budget was a coming of age for EIS investment. In the same way as advisers have diversified equity investments using platforms, allowing for the use of different investment managers and varied asset classes to reduce risk, so the Budget changes mean advisers can apply the same principle to EIS investing and now is really the time to acting on that before the capacity threat is a reality.”