Hanover Investors has appointed Jeremy Westhead as its first Chief Business Officer, it was announced recently.
The specialist investor, that operates in under-analysed and illiquid markets, continues to bolster its senior team as it eyes further growth.
Mr Westhead is an experienced finance and operations director. He was previously Group Chief Financial Officer of We Are Nova, a technology focused venture builder. He was also Finance Director of Horizon Capital, a technology and business services focused private equity investor, working with them for more than a decade.
Matthew Peacock, Founder and Chairman of Hanover Investors said: “As the firm continues to grow and develop, it is crucial for us to enhance our platform. We are delighted that Jeremy has decided to join us to help execute our strategy.”
The firm is currently investing via the Hanover Catalyst Fund, which is focused on high-conviction and heavily-researched investments in small cap securities in the UK and Nordic markets and the Hanover Active Equity Fund (HAEF) II which deploys proprietary, data-led research to identify complex stakeholder situations and under-researched businesses with excellent value potential for a control investor. Three months’ ago, luxury international motor yacht builder Fairline Yachts joined the portfolio after it was acquired for an undisclosed sum via HAEF II.
Jeremy Westhead, Chief Business Officer of Hanover Investors said: “The firm’s laser focus on finding, creating and delivering value is really impressive, as is the world class talent at all levels in the company. I am very much looking forward to working with the Hanover Investors team both in London and Malta.”
Mr Westhead is the latest senior strategic appointment to bolster the business for further growth. In the last six months the firm has hired Jason Carley and John Woodard, both as Senior Partners, and Serena Menaguale as Director of Fundraising.