People: Business development manager appointed; Two hires at student accommodation manager; and more

Harrogate-based Ethos Asset Finance has expanded its team with the appointment of a new business development manager.

Rosie McGilvray joins the company to take on this post as the company continues to grow. She has a proven track record within business development roles working in numerous sectors.

She will be responsible for identifying new business opportunities, building long-term relationships with customers and assisting with the company’s branding and media communications.

Chris Brown, who set up Ethos Asset Finance in 2007 after 20 years in the banking industry, said: “We’re delighted to have Rosie on board in this vital role of business development. Whilst we continue on our growth trajectory, especially with the sourcing and funding of vehicles in the electric car market, Rosie will help identify and target new business.”

McGilvray said: “I’m excited and delighted to be starting this new role. My key skills lie in helping businesses focus on expansion so I’m looking forward to helping Ethos hit its growth ambition targets.

“Ethos has the enviable position of a solid and loyal customer base. My experience will help strengthen these existing relationships and develop new ones.”

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Greg Faulconbridge

Homes for students, a Harrogate-based national student accommodation manager, has appointed Greg Falconbridge and Steve Jones as regional asset managers across its Homes for Students and Prestige Student Living portfolios.

Faulconbridge, who has a background in the student accommodation maintenance sector, will have responsibility for the North East and Scotland. Jones, who was previously Homes for Students’ property manager, will be responsible for the portfolio in the rest of England and Wales.

The company created the new roles as it prepares for its next period of growth. Faulconbridge and Jones will oversee refurbishment and life-cycle programme works for all properties and the mobilisation of new sites, as well as supporting compliance and the implementation of Homes for Students’ procedures and best practice.

Martin Corbett, managing director, Homes for Students, said: “This is an exciting period for the company with several new student properties being added to our portfolio.

“Steve and Greg’s considerable experience will help us to provide an exceptional level of service delivery and compliance to both investors and universities and support our growth plans of having 30,000 beds under management by the end of March 2021.”

Steve Jones

Homes for Students’ service proposition is based on taking the risk on facilities management costs, allowing the company to concentrate on sales and marketing at each property, which is incentivised by a sharing in revenue above agreed target net operating incomes.

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Leeds-based engineering services group, Renew, has announced the appointment of Stephanie Hazell as a non-executive director with effect from 1 March 2020.

She has over 20 years’ relevant experience working in high profile businesses including PricewaterhouseCoopers LLP, Orange SA, Virgin Management and National Grid where she held the position of director, strategy and corporate development.

She is an industrial partner at Infracapital and a non-executive director for a number of their investments.

David Forbes, chairman, said: “I am delighted to welcome Stephanie to the Board. Her appointment will bring additional valuable experience in a number of the Group’s existing markets.

“In addition, Stephanie’s strategic experience across the infrastructure sector will assist in the development and delivery of the Group’s established strategy.”

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Aaron Lowery

YFM Equity Partners (YFM) has announced the appointment of Aaron Lowery as investment manager.

Based in the Leeds office, he will be focusing on supporting YFM’s new investment activity, working with the existing team to deploy funds into growing businesses at points of transformational change.

His appointment comes following a record year of investment activity for YFM, with investments in The Protein Works and Professional Music Technology from its Buyout Fund I, marking the eighth and ninth investments from the fund, as well as new scale up capital investments in Frescobol Carioca, Elucidat, Wooshi, Tonkotsu, Sharpcloud, and Panintelligence from its two advised VCTs completed in 2019.

Lowery joins from EY’s Transaction Services team in Leeds, where he worked closely with management teams and entrepreneurs on a range of transactions, primarily in the industrial and consumer products sectors.

Ian Waterfield, Partner at YFM, said: “Aaron is an important addition to the Leeds YFM team. We are experiencing increasing levels of opportunity to provide funding to regional businesses, particularly in our core investment range of £2-10m. Aaron’s experience will be invaluable as we look to deploy our growing funds under management.”

Lowery said: “I am excited to be joining such a strong, active firm at a time when prospects for businesses in the region are very good.

“I’m looking forward to being part of the continued success of YFM and relishing the opportunity to meet interesting businesses and ultimately work alongside ambitious and dynamic management teams.”

 

 

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