NorthEdge appoints Grant Berry as executive chair

Grant Berry of NorthEdge — Grant Berry, NorthEdge

Wahida Ahmed
02 November 2022

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Lower mid-market sponsor NorthEdge has promoted Grant Berry to executive chair amid a series of changes in its leadership team.

Michael Joseph, who joined as chair in 2010, is stepping down and moving to a senior adviser role on a part-time basis, continuing to support NorthEdge with guidance and his expertise, according to a press release.

Michael Joseph of NorthEdge Michael Joseph, NorthEdge

Berry, a co-founder of NorthEdge, will chair the investment committee and be active in new investment activity and investor relations. Berry was previously a managing director at LDC for over eight years.

Keven Parker of NorthEdge Keven Parker, NorthEdge

Other changes in the leadership team include Keven Parker’s move into a joint managing partner position alongside Ray Stenton, with Jon Pickering taking on the role of chief investment officer.

Ray Stenton of NorthEdge Ray Stenton, NorthEdge

Jon Pickering of NorthEdge Jon Pickering, NorthEdge

The changes will support the GPs next phase of growth, according to a press release. The announcements follow the promotions of Phil Frame and Lucie Mills to partner earlier this year, as reported.

NorthEdge is deploying equity via NorthEdge III, a GBP 250m fund, which closed in December 2020, according to Unquote Data. The sponsor has GBP 900m AUM across four regionally focused funds with 27 businesses in its portfolio.