investment
Everest Assets Group has launched a £5m growth fund to support a new generation of cybersecurity and IT scale-up.
Founded by serial entrepreneur Steven M. Windmill, the new investment fund will start trading immediately and target high-growth technology companies.
Mr. Windmill, a decorated veteran who has commanded armed forces in Iraq and elsewhere, has led several global operations and will serve as Chairman and CEO.
In total, he oversaw a total of 54 M&A and relocations simultaneously as part of a massive transformation program involving 21,000 staff.
He will work with Chief Financial Officer (CFO) Mike Russell.
Russell has a strong track record of UK GAAP, AIM, NASDAQ and NOMAD reporting, as well as several years in Silicon Valley.
As CFO, he has led a number of highly successful IPOs, including a landmark venture that raised $300 million in asset purchase agreements with major international banks.
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EAG, which has offices in central London, has hired cyber veteran Graham Mann as business development director and AI expert Robert F. Coles as chief technology officer.
“The UK is home to some of the world’s greatest tech companies, but too many of these entrepreneurs lack access to the capital they need to succeed,” said Windmill.
“EAG is here to change all that, securing quality funding to inspire ambitious businesses to reach their full potential.”
“We are very pleased to announce the launch of EAG,” said CFO Mike Russell. It will bring together a committee of professionals and investment veterans,” he added.
Everest Assets Group operates in the venture capital and private equity sectors, with a focus on the IT and cybersecurity sector.
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