Enact, the SME Fund providing transformational investment of up to £5 million in UK businesses, has added further to its team with the recruitment of Adam Milner and Luke Wolf. 

Adam joins Enact as Associate Director with a focus on the portfolio of investments and supporting the incumbent management teams in developing and delivering their growth plans.  Adam brings a breadth of experience having spent eight years at KPMG before holding senior finance and operational roles in SME’s across the North. 

Luke joins as an Investment Executive in the Enact Leeds team, having previously worked at PwC.  As an Investment Executive, Luke will be involved throughout the deal process from origination to completion and will also support the portfolio.

Chris Cormack, Head of the Enact Fund said “The recruitment of Adam and Luke further strengthens the Enact team and follows the recent recruitment of Mark Stevens to lead Enact’s deal origination and marketing in London.  The Enact investment team now consists of five dedicated investment professionals nationally and provides the platform to invest the second Enact Fund, which will be formally launched in the next few weeks.

Enact will continue to invest transformational capital into SMEs to provide them with a stable base from which to grow. Adam brings a good balance of hands-on finance experience within SMEs and advisory roles from his time in practice and Luke has gained fantastic experience to date from his training at PwC.”

Adam commented: “I look forward to contributing to the further success of Enact as it continues to grow its investment activity.  The first Enact Fund was a fantastic success and it is a very exciting time to be joining with the imminent launch of Enact Fund II.”

Further announcements regarding Enact Fund II are expected in the coming weeks.