NVM recruits

Northern Venture Managers (NVM) has appointed Jonny Allatt as investment executive, based in Newcastle. This is the third senior appointment to be announced by NVM in as many months and reflects the continued growth of the business.

Allatt, a chartered accountant, joins from KPMG’s corporate finance division, where he spent two years working on private equity transactions and AIM flotations in a broad range of sectors. At NVM, Allatt is responsible for developing investment opportunities in Newcastle and Leeds. He reports to Colin Kidd, investment director at NVM.

NVM has had a busy year, having raised over GBP50 million of new funds over the past nine months see evcj September, page 28.