Praetura Ventures has expanded its North West investment team with the appointments of Camilla Greenwood and Klarissa Nura, who joined from LDC and Maven Capital, respectively. Praetura was recently chosen as the fund manager for the £660m Northern Powerhouse Investment Fund II – Equity North West mandate, where £100m will be dedicated to supporting North West businesses. Praetura’s North West investment team is now composed of 11 professionals, including five female investors. Greenwood brings to the team a wealth of investment experience from PwC and private equity, while Nura will support the deployment of capital from NPIF II.
Louise Chapman, NPIF II Fund Principal at Praetura Ventures, says: “We are lucky to enjoy a wealth of investment talent in the North West, and that is evidenced by the work done by Camilla and Klarissa over their careers so far… We are delighted to be welcoming both of them to our growing Praetura team in what is shaping up to be one of the biggest years for us to date, following the launch of the £660m NPIF II and outstanding growth in our portfolio.”
Greenwood highlights: “There is a wealth of knowledge within the team of scaling early-stage businesses which will be put to good use in a flourishing Northern market,” while Nura adds: “I’m so excited to join the Praetura team. They’ve got a renowned reputation for backing the best businesses in the North’s ecosystem with their ‘More Than Money’ support. I can’t wait to get started.”
The expansion of the investment team comes after Praetura Ventures’ recent launch of the PraeSeed cohort-based investment programme, supported by NPIF II funding, which aims to fund up to eight pre-seed stage businesses annually.
