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Bridges Ventures makes four senior appointments

11 Mar 2014

richingsVenture capital firm Bridges Ventures has strengthened its team by making four senior appointments including two former Langholm Capital partners not long after closing its latest fund on £125m.

The London-based firm hired Paul Richings, pictured, as its new chief financial officer, while Oliver Wyncoll and Mark Blower joined its Sustainable Growth Funds team as a partner and an investment director, respectively.

Bridges also appointed Khidhr Shafiq as an associate.

The firm’s new CFO Richings is joining Bridges from Langholm Capital, where he was partner after serving as its CFO.

Like Richings, Wyncoll has also worked at Langholm Capital, serving as its partner and a board director on all of the fund’s UK companies.

Investment director Blower is joining from Gresham Private Equity where he was a partner for four years and responsible for new investments and deal origination activities.

Shafiq previously worked in the in the Assurance and Corporate Finance departments at Deloitte.

Bridges partner and co-founder Philip Newborough said, “Bridges has gone through a period of rapid growth and we are pleased to see that our investment approach and philosophy continues to attract highly experienced people from the worlds of investment, finance and entrepreneurship.

“This is a really exciting time for us as we start to invest our third sustainable growth fund and we are delighted to welcome these talented individuals into our team.”

Bridges closed its new fund in October last year, six years after gathering £75m for its previous vehicle.

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