Johnson dives into Rivers Capital

Simon Johnson, previously senior investment executive at NEL Fund Managers, has joined Rivers Capital Partners as head of strategic debt funds.

Simon Johnson, formerly of NEL Fund Managers, has been appointed head of strategic debt funds at Rivers Capital Partners, the firm announced yesterday.

Both NEL Fund Managers and Rivers Capital Partners manage funds from the Finance for Business North East program, a £142m ($185m) initiative of seven funds targeting economic growth in the north east of England.

Johnson has been appointed head of strategic debt funds at Rivers Capital Partners and will be responsible for a range of specialist debt projects and enhancing the firm's debt offering. He joined the firm in July, having left NEL in February, according to LinkedIn.

He had been with NEL for 13 years, acting as senior investment executive as which he was in charge of investing the North East Growth Fund, a £26m mezzanine debt fund under the EU's Jeremie initiative.

Additionally, Rivers Capital Partners has also named Roland Tate, founder of investment firm Tiger Corporate Finance, to its board of directors.

Johnson said: "I am looking forward to working alongside the team to support the growth and innovation of more regional businesses and help Rivers realise their strategic long-term objectives."

Jonathan Gold, managing director at Rivers Capital Partners, said: "Both Simon and Roland bring invaluable experience and additional depth to our growing team. Simon is taking the lead on some great new projects; watch this space."

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