Subscribe to the daily newsletter.

New North West head for NorthEdge Capital


NorthEdge Capital, which manages over £650m of private equity funds aimed at the North and Midlands regions, has promoted Phil Frame to Head of North West.

The firm, which focuses on companies seeking equity investment to support MBOs, development capital and equity release transactions, has also brought in Lucie Mills as Head of Business Transformation.

Frame (pictured above) joined NorthEdge in 2012 and has been involved in the majority of the firm’s new investment activity in the region, including video games developer Sumo Digital.

In his new role, he will lead the new business team at the firm’s Manchester office and be responsible for sourcing and managing investments across the North West.

Mills (also pictured above) joins NorthEdge’s Manchester office with eight years’ experience at a private equity-backed business, JLA, where she worked closely with Hg, the incumbent investor, Cinven, and the company’s senior leadership team.

At NorthEdge, she will work as part of the portfolio team to add value across the firm’s 19-strong portfolio of investments.

Nicola McQuaid has also been promoted to Investment Director at its Yorkshire office.

In June, NorthEdge Capital supported the MBO of financial software company Phoebus Software, the second investment from its SME Fund I, which closed at its £120m hard cap in July 2018.

Ray Stenton, Panaging Partner at NorthEdge, said: “The past 12 months have seen a great deal of activity at NorthEdge, with sustained growth through raising our SME Fund, new investments and realisation activity. This is testament to the fantastic talent in our team, so it is a pleasure to welcome Lucie and to promote Phil and Nicola to their new positions.”

The deadline for the showpiece industry awards is Friday 6th September
Get your entries in for the Northern Marketing Awards

Related News

Related Jobs

Design Director

Creative Spark Ltd

Account Manager / Senior Account Manager