Vic is a Clinical Psychologist by profession. Her 1stdegree came from Newcastle, and she qualified as a Clinical Psychologist at Peninsular Medical School.
She is especially interested in the welfare of employees, direct and indirect, of the group and takes particular responsibility for our early-stage equity investment. Vic’s comments from the most recent annual report are “The last year has been truly trying for most of our early stage investments. Apertus Ltd., a tenant in our Northampton offices, is a broker in utility markets and has a purely industrial and commercial client base. The business depends on clients’ electricity usage for the majority of its income, which has been reduced during the Covid-19 crisis. We have continued our financial support and anticipate a return to profitability in 2021.
Bayfield Training has done a fantastic job in converting to an entirely online offering but demand for training courses has been running at less than half of the previous year.
Other venture investments including Mykindacrowd and Hampden Underwriting have suffered recently but we should see a substantial recovery in profits when the 2021 results come through. We are currently exploring another venture that would add several early-stage investments to our portfolio and also bring in management expertise. We are always looking at proposals where we can finance new and profitable companies and one major investment area is alternative energy where we are considering solar generation of electricity in Estonia.”
Dr Victoria Montgomery