One of the UK\u2019s largest regional fund managers has opened its first Yorkshire office.<\/p>\n
FW Capital has moved into the\u00a0Electric Works in Sheffield to provide finance to SME businesses in South Yorkshire through the South Yorkshire Debt Fund.<\/p>\n
A dedicated team will be working from the new office with Joe Parikh joining FW Capital as an assistant investment Executive.<\/p>\n
Earlier this year the South Yorkshire Pension Authority announced the launch of the \u00a320m South Yorkshire Debt Fund.<\/p>\n
Managed by FW Capital, the fund aims to back growing businesses across Barnsley, Sheffield,\u00a0Doncaster\u00a0and Rotherham with loans of up to \u00a32m.<\/p>\n
Joe Parikh,\u00a0 who has worked in banking audit at KPMG Manchester, will head up the office.<\/p>\n
\u00a0<\/strong>FW Capital fund director, Joanne Whitfield, said:<\/strong>\u00a0\u201cSouth Yorkshire has a rich history of innovation and change. By bringing investment opportunities to the region, we can drive further economic success and prosperity. We\u2019ve been working hard since the launch of the South Yorkshire Debt Fund to support local entrepreneurs access finance to develop and scale up.<\/p>\n \u201cHaving a base in Sheffield is key to the successful delivery of the South Yorkshire Debt Fund, and we are building a team who will be on the ground working with business owners across the region. We\u2019re pleased to welcome Joe to the team and his appointment strengthens our presence in South Yorkshire.\u201d\u00a0<\/strong><\/p>\n Joe Parikh, assistance investment executive at FW Capital added:\u00a0\u201cI\u2019m looking forward to working with local businesses, enabling them to secure the financial resources necessary for growth and job creation. The client facing aspect of the role is something I am passionate about, bringing added value to businesses and seeing the direct impact of how the right funding can change the direction of a business and bridge the funding gap. This is a great opportunity for me and I\u2019m excited to join the FW Capital team.\u201d<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" FW Capital has moved into the\u00a0Electric Works in Sheffield to provide finance to SME businesses in South Yorkshire through the South Yorkshire Debt Fund<\/p>\n","protected":false},"author":271992,"featured_media":2141292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53262],"coauthors":[137100],"class_list":["post-2141252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","tag-featured-story","tag-yorkshire"],"yoast_head":"\n