Foresight Group has promoted a well-known name to partner.
Claire Alvarez joined the firm from Deloitte as a senior investment manager in 2016 and has since played an important role in establishing the company in the North West as an active and supportive investor in SMEs.
She led the successful investment in Lancashire-based Hedges Direct and also worked closely with Nisha Katona, founder of Mowgli Street Food, to support the business through its rapid growth from three to 15 restaurants.
"I am grateful to my colleagues and senior management for the support and teamwork that has helped me achieve this goal," said Alvarez.
"I believe Foresight has made significant strides in the North since establishing an office in Manchester in 2016 as part of its commitment to regional expansion.
"It's an exciting time for the regional economy. With so much focus on levelling-up, confidence is clearly returning after the pandemic and the lengthy period of uncertainty over the EU exit.
"We have been privileged to work with some outstanding entrepreneurs and management teams. We look forward to supporting many more."
Russell Healey, partner and head of private equity at Foresight, added: "Claire has done an outstanding job since joining the Foresight team five years ago.
"She has played an integral part in growing our business and profile in the North and, after a year like no other, she has worked tirelessly to support our portfolio and deliver a market-leading exit. Claire fully deserves this promotion to partner."