Lloyds TSB Development Capital (LDC) has appointed two new executives to strengthen its London team. Anthony Bull and Stewart Licudi join LDC as investment directors increasing the London team to six executives.
The new additions form part of a strategic plan to expand LDC’s presence within the UK mid-market. Bull joins LDC from BT Wireless where he introduced the company’s third generation application development forum to the global venture capital community. He was also investment executive at 3i Manchester where he worked mostly on media and technology investments and senior investment officer at Antfactory where he specialised on media, financial services and enterprise software deals.
Licudi joins LDC from 3i where he spent the last five and a half years. Most recently, he was senior investment manager in the software and Internet investment team based in London and Reading. Prior to this he worked in 3i’s Glasgow office.