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Move for investment manager

Published: 15th February 2006

Andrew Chaffer

Investment Manager Andrew Chaffer, who worked with Rotherham-based South Yorkshire Investment Fund (SYIF) has moved on to pastures new.

Andrew, who worked on the SYIF Small Business Fund for nearly four years, and was employed by UKSE Fund Managers Limited, has started a new role as Regional Manager for City Invoice Finance Limited. He is now based in Sheffield but is still covering businesses in the South Yorkshire sub region.

Andrew said: "I have thoroughly enjoyed my time working on the Small Business Fund. In my new role I will continue to work with many small to medium sized businesses in South Yorkshire. My aim is to continue to help growing businesses to obtain the necessary financial funding. I am looking forward to continuing my work within the county.

Tony Goulbourn, Chief Executive of SYIF, added: "SYIF wants to thank Andrew for all of his hard work over the past four years and we wish him all the best for the future."

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Editor's Notes

About South Yorkshire Investment Fund

South Yorkshire Investment Fund  provided seedcorn, loan and equity linked investments, ranging from £15k to £2.5m, specifically to help small and medium businesses meet the gaps in funding they need for growth and development.

Created as part of the Objective 1 programme, the Fund is a private and public sector business finance provider. The European Regional Development Fund and Yorkshire Forward are investors in the Fund.

South Yorkshire Investment Fund also provided access to Business Angel investments from the Yorkshire Association of Business Angels and Microloans through BiG Business Loan Fund and Donbac Microloan Fund.

Finance Yorkshire has now taken on responsibility for providing gap finance in Yorkshire and the Humber.
http://www.finance-yorkshire.com

For further details please contact Suzanne Tinkler,  on 0845 649 0000.

South Yorkshire Investment Fund Ltd is a company limited by guarantee (Registered No 3936065). South Yorkshire Investment Fund comprises three sub funds, the South Yorkshire Investment Capital Fund, the South Yorkshire Investment Development Fund, which are each managed by YFM Venture Finance Limited, and the South Yorkshire Investment Small Business Fund, which is managed by Finance South Yorkshire Ltd. YFM Venture Finance Limited (Tel 0113 294 5000) and Finance South Yorkshire Ltd (Tel 01709 386 377) are each authorised and regulated by the Financial Services Authority. South Yorkshire Investment Fund also provides a number of services, which are not regulated by The Financial Services Authority. These include the pilot Seedcorn Fund, BiG Business Loan Fund, Mentorbank and access to the Donbac Microloan Fund. BiG Business Loan Fund is managed by Donbac Ltd (company registration No. 01925556) and Key Fund Yorkshire Ltd (Tel 0114 242 8900).