Enact, the SME Fund providing transformational investment of up to £5 million for UK businesses, has bolstered its presence in London and the South with two senior hires – Felix Connolly as Investment Director and Simon Longfield as Non-Executive Director.

Felix joins to lead and develop the Enact Fund in London, with a focus on deal origination and marketing to further build on Enact’s profile in the region.  Felix brings a breadth of experience having spent eight years at KPMG Restructuring before spending three years in the Restructuring team at a major clearing bank. More recently Felix has spent the last 6 years helping to build BDO’s National Special Situations M&A network delivering transformational equity solutions to stressed and distressed corporates. 

Simon joins Enact as a Non-Executive Director to support Felix and the growth of Enact’s London office. Simon brings a wealth of experience having previously acted as a Senior Partner in the Restructuring teams of Grant Thornton, Zolfo Copper and Alix Partners.

 Chris Cormack, Head of the Enact Fund said “The recruitment of Felix and Simon significantly strengthens the Enact team and demonstrates our commitment to developing our presence in London, providing SMEs in both London and the surrounding areas with access to transformational capital.  The Enact investment team has grown significantly in the last 18 months to support the deployment of Fund II which was launched in June 2019 and I am delighted Felix and Simon have joined Enact. 
Enact is looking to invest transformational capital of up to £5m into lower mid-market corporates that have a robust business model but are facing capital constraints, strategic challenges or operational issues. Felix will be responsible for identifying suitable investment opportunities for Enact, supported by Simon who brings excellent market insight and knowledge.”
Felix commented: “I’m excited by the opportunity to build on the Enact team’s success to date while broadening and deepening Enact’s relationships in the region.  The first Enact Fund was a fantastic success and it is an exciting time to join following the launch of Enact Fund II.  There is capital available to invest in suitable opportunities and I look forward to working with local advisors to support businesses in London and the South East.”