UK alternative asset manager Maven Capital Partners has appointed Ewan MacKinnon as managing partner. Founder and previous managing partner Bill Nixon has moved to the role of chair.

MacKinnon has been a senior member of the Maven team since 2009 and has led numerous transactions across multiple sectors. Over the last seven years, he has deputised for Nixon as fund manager for the Maven VCTs. As managing partner, MacKinnon will focus on delivering Maven’s long term vision and strategic direction.

In 2009, Nixon led the management buyout of Aberdeen Asset Management’s private equity division, establishing Maven as an independent firm. Maven’s expanded capabilities now include Venture Capital Trusts, Enterprise Investment Schemes, institutional buyout funds, regional debt and equity funds managed on behalf of the British Business Bank, and its Investor Partners co-investment platform which offers access to curated private equity and real estate investments on a deal by deal basis.

The firm operates from 11 offices across the UK and employs more than 120 professionals and has invested over £1bn in more than 600 British businesses across its client funds.

You can read more on this from Private Equity Wire, here.