Bringing you live news and features since 2006 

Maven acquires HMCS

RELATED TOPICS​

Glasgow-based private equity firm Maven Capital Partners has acquired HM Corporate Solutions (HMCS) and recruited Ramsay Duff to help increase the firm’s range of structured alternative investment products, with a particular focus on projects involving Business Premises Renovation Allowance (BPRA).

Duff is a Chartered Accountant with a long track record in the Scottish corporate advisory market. He was a Partner at HMCS, the boutique corporate finance business which he ran in partnership with the commercial law firm Harper Macleod LLP. At HMCS, Duff built up a strong reputation in structuring and raising investment funds, principally targeted at high net worth private investors. With Maven, Ramsay’s skills and experience will complement the existing fund management infrastructure in developing additional investment products with an emphasis on tax efficient schemes.

Bill Nixon, Managing Partner of Maven Capital Partners says: “We are continually looking to develop and extend our offering for high net worth investors and wealth managers, including our VCT portfolio and the Investor Partner business which has seen rapid growth over recent years.

“We are very familiar with Ramsay’s work and strong reputation in this field and are very pleased by this addition to our team. It is with pleasure that we welcome him to Maven, and we are confident that he will significantly enhance this part of our business.”

Duff says: “I am delighted to be joining Maven, particularly having known several of the key executives for many years. I have enjoyed a very good relationship with Harper Macleod and thank the Chairman, Chief Executive, Partners and staff for their support over the years. However the market in which I operate has seen significant change and I believe Maven offers a logical fit for the business I am involved in.

“Maven has a strong market presence, an experienced team and an extensive distribution network, all of which I am confident will allow me to continue to develop a range of complementary products as part of an established investment brand.

“The investment marketplace is undoubtedly challenging, but there remains a healthy appetite, both in Scotland and the South, for attractive, well-structured alternative investments, particularly where specific benefits such as tax efficiencies can be offered.”

 

Latest News

HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..
VanEck has reached USD10 billion in assets under management in Europe for the first time in April 2024...
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according to a benchmark study published..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by