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The Board
The Board of Hargreave Hale AIM VCT 1 Plc comprises of three directors, two of whom are independent of the manager. The directors operate in a non-executive capacity and are responsible for overseeing the investment strategy of the companies. The Board has a wide experience of investment in both smaller growing companies and larger quoted companies.
Sir Aubrey Thomas Brocklebank Bt, ACA
After qualifying as an accountant, Sir Aubrey worked for Guinness Mahon from 1981 to 1986, initially in its corporate finance department before assisting in the establishment of a specialist development capital department. From 1986 to 1990 he was a director of Venture Founders Limited, managing a £12 million venture capital fund, which had been raised to invest in early stage ventures. He managed the Avon Enterprise Fund (a venture capital fund of £4.5 million investing in approximately 20 companies) from 1990 until all investments had been realised in 1997. He is on the board of seven other VCTs, the AIM Distribution Trust PLC, Puma VCT PLC, Puma VCT II PLC, Puma VCT III PLC and Puma VCT IV PLC (all as chairman) and Pennine AIM VCT 6 plc and Close Second AIM VCT PLC (as a non-executive director only). He is and has also been a director of a number of companies, some of which are, or have been, quoted on AIM.
Giles Hargreave
Giles, is Chief Executive of Hargreave Hale Limited. After leaving Cambridge in 1969, Giles began his career as a trainee analyst with James Capel before moving to Management Agency and Music Plc as a private fund manager in 1974. In 1986 he founded Hargreave Investment Management, which he then merged with Hargreave Hale & Co in 1988. In 1998, Giles took over as the fund manager of a Special Situations. He also manages a UK Micro Cap Fund, a UK Leading Companies Fund. Giles heads up Hargreave Hale's investment committee and chairs the weekly meetings in which the team review existing and potential investments.
David Brock
David Brock has for the last 14 years acted as executive and non executive Chairman of 15 private equity and quoted companies, including - Americana (the Bench brand), Jane Norman, Phase Eight and Homestyle Group. Prior to that David was M D of MFI International, M D of MFI Group Merchandise and a group board director of MFI Furniture Group where he played a leading role in the MBO and subsequent floatation. He started his career at Marks and Spencer. David is currently Chairman of Episys Ltd, Elderstreet VCT Plc, PUMA III VCT Plc and an advisor to Crystal Amber Plc.