Paul Davis Joins Maven's East Midlands Team
People | Nov 18, 2024 | Maven Capital Partners
Maven Capital Partners has appointed Paul Davis as an Investment Manager in their East Midlands team. He will lead deal origination and execution, particularly for the MEIF II Debt Finance East and South East Midlands. Davis, with 17 years of experience in business and banking, has previously worked with several major banks and alternative lenders. His appointment aligns with Maven's strategy to support SMEs across Northampton, Milton Keynes, Bedfordshire, and Luton in their growth plans. Maven was awarded the role of Fund Manager for the £46 million debt fund part of the £400 million Midlands Engine Investment Fund II, targeting economic growth by supporting innovative local businesses. The fund aims to provide accessible finance to early-stage companies, with loans ranging from £100,000 to £2 million.
Sectors
- Private Equity
- Financial Services
- Business Services
Geography
- United Kingdom – The focus is on the East Midlands and South East Midlands regions in the UK.
Industry
- Private Equity – The article focuses on Maven Capital Partners, a private equity firm, highlighting its strategic investment initiatives and team expansion.
- Financial Services – The appointment and fund management under the Midlands Engine Investment Fund II involve financial services aimed at providing debt finance to SMEs.
- Business Services – Mentions of industry sectors such as manufacturing, business services, and professional services indicate involvement in business services.
Financials
- £46 million – Initial debt fund amount managed by Maven for the East and South East Midlands.
- £400 million – Total amount of the Midlands Engine Investment Fund II.
- £100,000 to £2 million – Loan range provided by Maven through the MEIF II - Debt Finance East and South East Midlands.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Maven Capital Partners | Private Equity Firm | Company | A private equity firm managing the MEIF II fund, aimed at supporting SME growth. |
| Paul Davis | Investment Manager | Person | Joined Maven to lead deal origination and execution in East Midlands. |
| Midlands Engine Investment Fund II | Investment Fund | Company | A fund aimed at supporting innovation and economic growth in the Midlands region. |
| British Business Bank | Fund Provider | Company | Provides the funds for the Midlands Engine Investment Fund II. |