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VCT News

Beringea Appoints New Head of Retail Sales

3 September 2008 - London - Beringea, manager of the ProVen VCTs, is pleased to announce that it has appointed Shane Elliott as Head of Retail Sales. Shane will be heading up Beringea's Sales and Marketing department and will be responsible for raising funds for Beringea's ProVen VCTs.

Shane joins Beringea from the Noble Group where he was Head of Retail Sales for Noble Fund Managers. Prior to joining the Noble Group, Shane held a number of senior management positions at Abbey National, Teather & Greenwood and the Army. In addition to his degree and management qualifications, Shane also has an MBA.

Stuart Veale, Managing Director of Beringea commented: "I am delighted to announce this new appointment and welcome Shane onboard. This is an exciting time for Beringea as we prepare to launch our new VCT fundraising initiative this autumn. Shane's experience and expertise make him a valuable addition to the team."

About Beringea

Beringea is an international venture capital firm with offices in London and Detroit. In the UK Beringea manages ProVen VCT, ProVen Health VCT, ProVen Growth & Income VCT and Global Rights Fund II. Beringea launched its first VCT in 1996, making it one of the most experienced VCT managers in the UK. ProVen Growth & Income and ProVen VCT are highest performing VCTs of their launch years, respectively, according to www.taxefficientreview.com. For more information please visit www.provenvcts.co.uk.


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