NORTHEDGE CAPITAL has appointed Prem Mohan Raj to chief financial officer (CFO) as the firm continues to invest in its team and target more deals across the North.
Prem joins NorthEdge, which manages £525m of private equity funds aimed at lower mid-market buy-out and development capital transactions, with over 12 years of private equity experience.
He joins from Livingbridge, where he worked in senior financial management positions, latterly as CFO, across a range of its funds, including its limited partnerships, Venture Capital Trusts and AIM quoted investments. Prior to that, he was CFO at real estate private equity firm Brockton Capital, having started his private equity career at Coller Capital.
As CFO at NorthEdge, Prem will manage all aspects of the firm’s finances and the firm’s growing catalogue of portfolio companies. He will be responsible for driving NorthEdge’s financial strategy, delivering strong financial control to allow the firm to accelerate its growth plans.
Dan Wright, Chief Operating Officer at NorthEdge Capital, said: “Prem has demonstrated an outstanding aptitude for financial management throughout his extensive career in private equity. He offers the operational and strategic excellence required to be a real asset to NorthEdge as we seek to continue our momentum and expand our portfolio.”