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VCT 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.

A summary CV for each of the Directors is shown below:

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 Hurst-Brown FSI
David worked for over 25 years in the investment banking industry starting as an investment analyst with Rowe and Pitman and becoming a partner of the firm in 1985. Following takeovers by SG Warburg and Swiss Bank Corporation and the subsequent merger with Union Bank of Switzerland, David ultimately was an executive director in the corporate finance division of UBS Warburg. In this capacity, amongst his various duties, he was responsible for establishing a smaller companies business unit. He was a consultant to UBS from 1999 to 2002 and at the same time was an adviser to techMark, the London Stock Exchange's market for technology companies. David is presently a non executive director of Imagination Technologies Group Plc, Anite Plc, Ffastfill Plc and Keydata Income VCT 1/2 Plc.

Important Note: This website reflects Hargreave Hale's understanding of the tax benefits of VCTs and does not in any way constitute investment or tax advice. The value of reliefs depends on individual circumstances and we recommend you take financial or other professional advice before making any investment in a VCT.