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Gordon Power is a private equity specialist
and one of the founding fathers of the
VCT business
Gordon Power has 25 years of private equity experience and is currently chairman of Edge Investment Management and a private equity investor in his own right.
Prior to this he founded the private equity business ProVen Private Equity (now re-named Beringea) and led its buy-out from Guinness Mahon in 1997. As CEO of ProVen from 1984 until 2004, he spearheaded the creation and marketing of funds and the investment and exit of deals as head of the investment committee. By 2002 ProVen, which specialised in media and intellectual property rights investments, had funds under management of £185 million including Guinness Flight VCT, ProVen VCT and ProVen Media VCT (now re-named ProVen Growth and Income VCT). From 1984 until March 2008, an overall annual return of 29% was achieved on 171 realised (i.e. sale, flotation or administration/liquidation) investments and unrealised investments.
Gordon.Power@edge.uk.com
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