£100 Million-Funded Tech Specialist VC Enhances Teams in Scotland and Yorkshire

26/03/2024
graphic of a build up of coins representing investment

EDINBURGH-BASED venture capital firm Par Equity has announced several new appointments spanning its teams in Yorkshire and Scotland.

In Yorkshire, second and third team members Sunny Nagi and Elizabeth Young join as senior investment manager and investment manager respectively, while Oliver Johnston-Watt, Clara Baltay (investment analysts) and Patricia El-Jichi (investment manager) join the team at the Edinburgh office.

In October last year, Par Equity launched its £100m fund to help scale regional high-growth tech companies. Backed by the Scottish National Investment Bank and British Business Investments, with further support from the Strathclyde Pension Fund, Par Equity continues to add resources and capabilities to its venture programme, accelerating some of the North of England, Northern Ireland and Scotland’s most promising tech scale-ups and strengthening the talent pools in these regions.

Giles Moore, regional development manager at Par Equity’s Yorkshire office said: “It’s a really exciting time for technological innovation in the North. With emerging physical infrastructure such as The Arc in Leeds, Olympic Legacy Park in Sheffield and the Corridor in Manchester, it’s becoming all the more clear that the local tech ecosystem is bursting with emerging talent and innovation. We’re delighted to welcome Sunny and Elizabeth to the team here – their expertise and insight will be invaluable as we continue to support and invest in promising startups. Together, we are incredibly optimistic about the future of our operations in the region.”

In Scotland, Paul Munn, managing partner at Par Equity, added: “We are delighted to welcome Patricia, Clara and Oliver to our growing team. At Par Equity, we’re committed to supporting innovative technology companies with high-growth potential in areas of the UK that are typically underserved – namely Scotland and the North of the UK. We are confident their expertise from multiple aspects of investment will make them invaluable additions – each playing a pivotal role in Par Equity’s next chapter.”

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