Board

David Simpson is a qualified solicitor and was a partner at KPMG for 15 years until 2013, culminating as global head of M&A. Before that he spent 15 years in investment banking, latterly at Barclays de Zoete Wedd Ltd. He is chairman of M&G Credit Income Investment Trust plc and a director of Aberdeen New India Investment Trust PLC. He was appointed as a Director of the Company at admission on 26 September 2016.

Max King is a chartered accountant and has over 30 years’ experience in fund management having worked at Finsbury Asset Management, J O Hambro Capital Management and Investec Asset Management. He is also a columnist for MoneyWeek magazine. Max is currently a director of Gore Street Energy Storage Fund plc. He was appointed as a Director of the Company on 11 September 2017.

Susannah Nicklin is an experienced non-executive director and financial services professional with 25 years of experience in executive roles in investment banking, equity research and wealth management at Goldman Sachs and Alliance Bernstein in the US, Australia and the UK. Susannah is chair of the Schroder BSC Social Impact Trust plc and a non-executive director of The North American Income Trust plc. She holds the Chartered Financial Analyst qualification. She was appointed as a Director of the Company on 9 September 2020.

Joanna Santinon is a chartered accountant and chartered tax adviser. She specialised in tax, transactions and private equity, and gained wider experience including mergers and acquisitions, strategic investments, capital raisings and listings in her 24-year career at EY. Joanna was a founding member of the 30% Club in the UK. She is a non-executive director and audit committee chair of Octopus Future Generations VCT plc and of Guinness VCT plc. She is also a trustee of the Centre For Entrepreneurs. She was appointed as a Director of the Company on 12 September 2023.

David qualified as a chartered accountant with Coopers & Lybrand in London. Since leaving in 1997, he has worked in various corporate broking roles, including for HSBC James Capel and Winterflood Securities where he focused on investment companies. Until this year, David was a Managing Director at Numis Securities Limited where he headed the corporate side of the listed fund team and co-headed the team overall. He has extensive experience on advising UK listed closed-ended funds and managing corporate transactions including fundraisings, reorganisations and restructurings. David is a non-executive director of Albion Technology & General VCT PLC. He was appointed as a Director of the Company on 1 November 2025.