Gloucester headquartered VC Blackfinch announces recruitment drive and second office expansion
After growing its assets under management by more than £180 million over the past year, Gloucester-based Blackfinch is looking to expand its 110-strong workforce to support the business across several teams and professions.
From 1st January 2021 to 30th September 2021, the firm has appointed 36 new employees, taking its headcount to more than 100. This includes the recent key hires of COO Caroline Hallatt, Ventures Director, James Brookner and ESG Manager, Steve John. Blackfinch currently has more than 25 positions available through its investment, client excellence, business development and ventures teams, as well as others.
In line with its expansion plans, Blackfinch has purchased a second office which is currently under refurbishment and is due to be complete in Q1 2022. The new office space will be designed with a particular emphasis on creating a more collaborative, modern way of working.
Richard Cook, CEO and Founder at Blackfinch Group, said: “This is a particularly exciting time for Blackfinch, and I’d like to extend a very warm welcome to those who have joined us this year.”
"Like any other company, we have not been immune from the challenges caused by the pandemic. But we have seen opportunities too, and it’s a testament to our dedicated team that we grew our assets under management, enhanced our service offering and reinforced our standing in the investment space.”
"We’re now ready to strengthen our workforce with new hires that will ensure we keep delivering for our customers.”
Maryann Neudegg, HR Director at Blackfinch Group, said: “It’s great to be hiring due to a rise in demand for our services, but we’ve also made sure that our internal policies continue to evolve as we get bigger. This year we launched an enhanced staff benefits scheme, with fantastic maternity and paternity policies, as well as initiatives on sustainability, personal financial planning and health and wellbeing. We hope these will help us to attract, retain and reward our talented workforce.”
With more than half a billion in assets under management and administration, Blackfinch is a whole-of-market investment manager that offers a wide range of solutions for investors in almost any situation. This includes inheritance tax mitigation services, Enterprise Investment Schemes and Venture Capital Trusts, as well as multi-asset portfolio management.
In 2020, the Group announced a comprehensive rebrand, highlighting its commitment to creating a more sustainable world by focusing on investments that embrace environment, social and governance factors.