Graphite Capital has wholly exited its stake in ventilation, heating and water heating products manufacturer Applied Energy in a trade sale to Glen Dimplex. Graphite is understood to have trebled its money through the exit, the value of which was undisclosed.
Anna Morrison joins from IFM Investors, where she managed the firm's fund-of-funds programme
Fund's predecessor, Isomer Capital Fund, closed on €150m in February 2016
Funding will be used to hire more staff, support product development and meet customer demand
True Core VII provides seed and early-stage capital, while True Select IV provides follow-on capital