Hotbed appts director

Bernard Dale is to become a director of Hotbed, the private equity and venture capital firm launched earlier this year. He joins from LDC, the venture capital arm of Lloyds TSB Bank where he was a senior director. He previously spent 8 years with 3i.

Dale has 15 years’ experience in venture capital, providing over GBP100 million to businesses such as Denby Pottery, S&A Foods, ITNet, Deltron Electronics, Eurofleet and Elequip. Over this period four investments achieved a full listing.

Hotbed chief executive Gary Robins, said: “Bernard has a tremendous track record in venture capital and it is a testimony to the quality of the business we are developing here at Hotbed that he has decided to join us.”