Scottish Equity Partners (SEP), the growth equity investment firm, has announced changes to its senior leadership team, effective 1 October.
Scottish Equity Partners (SEP), the growth equity investment firm, has announced changes to its senior leadership team, effective 1 October.
Calum Paterson, who has been SEP’s Managing Partner since co-founding the firm in 2000, is moving to the role of Chairman & Senior Partner. A former chair of the BVCA, the firm has raised seven funds and managed investments in over 160 businesses during his tenure. He has successfully led SEP’s strategic transition from an initial focus on venture capital to become a leading UK and European growth investor in enterprise software and technology companies.
Angus Conroy and Keith Davidson are being appointed as Co-Managing Partners. Both have helped to shape the firm’s strategy over the last decade and been responsible for leading SEP’s investments in a significant number of software companies, including AutoRek, FundApps and Dotmatics.
Fraser McLatchie, who is also a long serving and senior member of the SEP team, has been appointed Chief Operating Officer (COO). In addition, Tim Ankers, currently a Director in the investment team, is being promoted to Partner.
Calum Paterson said: “Angus and Keith have played key roles in our investment team and will do a great job together as Managing Partners, with the strong support of our broader partner group and excellent team. Fraser’s appointment as COO strengthens our operational capabilities, and we also congratulate Tim on his well-deserved promotion to Partner. This is natural evolution for the firm. We are all looking forward to the next chapter in SEP’s journey.”
The changes reflect SEP’s commitment to continued excellence as a partner of choice for ambitious software and technology companies in the UK and Europe. Operating from offices in London and Glasgow, SEP manages funds backed by institutional investors and provides significant value add as well as capital to the companies it invests in.
