As part of its growth plans, Praetura Investments has welcomed three new additions to its business development team.

The Manchester-based provider of alternative investment solutions has announced the appointment of Caroline Flagg, Peter Marsland and James Rochfort, all from Octopus Investments.

The company is looking to grow awareness of its EIS, VCT and business relief offerings.

Flagg will support Praetura’s fundraising efforts, maintaining relationships with direct investors, family offices and Praetura’s Venture Partner network.

Marsland will manage relationships with financial advisers in London and the South-East, while Rochfort will head up a new internal business development team.

Jon Prescott, partner at Praetura Investments, said: “We are delighted to have attracted people of Caroline, Peter and James’ calibre to our business and I am excited to be working with them again having previously been part of the Octopus team.

“They are joining the existing business development team at an extremely exciting time and their appointments reflect the significant growth the business has undergone over the past five years.”

Earlier this year, the firm launched Praetura Growth VCT which is seeking to raise £10mn to invest in businesses primarily based in the north of England.

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