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Investment Fund welcomes new manager

Published: 5th September 2006

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John Lonstaff - Investment Manager, Capital and Development Funds.

South Yorkshire Investment Fund (SYIF) has appointed John Longstaff as an Investment Manager on its Capital and Development Funds.

John has joined the team having previously worked in corporate finance at Grant Thornton and latterly at Strategic Corporate Finance.

John said: "I am really looking forward to joining SYIF having worked with various members of the team in my previous roles."

"As an Investment Manager I will be appraising business opportunities for equity linked investments as well as negotiating terms of our investments. I am keen to widen my expertise and help businesses to unlock their potential with the aid of SYIF finance."

John, aged 32, is originally from Bishop Auckland, County Durham and moved to Sheffield to attend University and has lived in the city for 14 years.

He added: "I enjoy living in South Yorkshire and I am delighted to have joined SYIF."

South Yorkshire Investment Fund provides 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.

For more information on how SYIF can help you, please go to www.syif.com or call 01709 386 377

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).