BGF announces trio of appointments to its Scottish investment team

July 2013

BGF has announced three new appointments in its Scottish investment team to support the increasing levels of interest in the fund and expand its presence.

The Aberdeen office has appointed Kathryn Ramsay as Senior Investment Manager and David Gammie as an Investment Associate, while Gemma Hamilton will join the Edinburgh team as an Investment Manager on 12 August. Each of them will be responsible for identifying investable local businesses across Scotland and working with them to achieve their growth plans.

Ramsay brings a wealth of investment finance and business development experience gained from working at Simmons & Co International, Bank of Scotland Integrated Finance and Venture Production plc before carrying out investor relations’ roles with Dana Petroleum plc and most recently Parkmead Group plc.

Gammie has joined BGF Aberdeen from PWC’s Transaction Services team in Glasgow where he specialised in M&A financial due diligence, prior to which he worked in the firm’s Assurance practice on clients including Stagecoach plc, STV Group plc, Babcock International plc and Cigna Group.

Hamilton is joining from the central Scotland investment team of Maven Capital Partners in Glasgow where she has worked since 2009. Prior to Maven she worked as a solicitor in the corporate team of DLA Piper involved in private equity investment and M&A.

BGF has invested £24.1m in five Scottish-based businesses since it launched in 2011. The appointment of Ramsay, Gammie and Hamilton brings the BGF investment team based in Scotland to eight overseen by Regional Director Simon Munro.

Simon Munro, commented:

“These are significant appointments for the BGF team in Scotland and come in direct response to the growing interest from companies looking to accelerate their growth. BGF has enjoyed a great deal of traction the oil and gas industry in the north-east since we launched given the appetite for funding as well as the experience of the investment team.

“While there has been plenty of interest and investment activity within the central belt of Scotland, we believe that there are many companies and sectors which have yet to discover how BGF can support their business. Our growing team can now help to expand our presence across the country.

“The dynamic of the investment team is crucial to the success of BGF as we are a people business offering our investee companies our expertise as well as funding. We’re thrilled to welcome Kathryn, David and Gemma to the team and look forward to working with even more ambitious Scottish companies in the future."