Trevor Hope, formerly with 3i, has joined niche private equity firm Beringea as an investment director in its London office.
Hope was previously a senior investment executive at 3i, where he worked for six years investing and managing portfolio investments. He was involved in over 40 deals including Paragon Software, Cambridge Industries and Mondus during spells in the firm’s Thames Valley and London offices. He also spent time on secondment at 3i’s US offices in Boston and Palo Alto.
Hope will be involved in Beringea’s future fundraising activities as well as managing existing investments from its £130 million of funds under management (€187million; $236 million).
Beringea focuses on investments in small to medium sized companies in the media sector with a particular focus on intellectual property rights, brands and content. In 2003 Beringea made six new investments, including the management buyout of independent TV producer Zenith Entertainment, and seven follow-on investments in existing portfolio companies.
Beringea was formed when GMA, the US private equity firm, bought its UK affiliate ProVen Private Equity for an undisclosed sum in January 2002. It manages Global Rights Fund II, a media, brands and intellectual property rights fund; InvestCare Partners, a healthcare venture capital fund; and two venture capital trusts – ProVen VCT and ProVen Media VCT.