Bradley out, Smith in as Forward Partners finance chief
By Josh White
Date: Monday 17 Jan 2022
(Sharecast News) - Investment company Forward Partners announced the appointment of Lloyd Smith as its chief financial officer on Monday, with effect from 21 March.
The AIM-traded firm said Smith was joining from legal technology, software and information service provider ATI Group, where had been CFO at several of its UK and Ireland businesses.
Prior to ATI, he spent five years in audit at EY and four years in PwC's deals team, working with a mix of private equity firms, AIM-listed businesses, banks and other private companies.
The company said its current CFO and chief investment officer, Matthew Bradley, would be leaving in June.
"We're delighted to welcome Lloyd to the Forward Partners family," said chief executive officer Nic Brisbourne.
"He brings a deep experience of venture scaling from his time at ATI and a strong practice background from two of the big four accountancy firms.
"I look forward to working with him as we grow the group."
Brisbourne described Bradley as a "fantastic colleague" for his more-than-seven year tenure, through to its successful initial public offering in the summer of 2021.
"I would like to thank him for everything he has done for the business, both as CFO and leading the investment team."
Matt Bradley added that Forward Partners had an "exciting future", and a "unique place" in the venture capital landscape.
"It has a rare public listing, making venture capital accessible to everyone, and unlike most other venture capital firms, it offers early-stage start-ups much more than just money," the departing CFO said.
"It was a great pleasure to help grow the portfolio and build the business for over seven years.
"Taking the group through to IPO was a highlight and I wish the brilliant Forward Partners team every success in the future."
Forward Partners said it would update the market on its second-half trading and its outturn for the year, including progress within the existing portfolio and several new investments, in the latter part of February.
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