Frontier Development Capital

Adam Fearnley joined the Growth Team at Frontier Development Capital in 2026. He has around 25 years of combined experience in corporate restructuring, corporate finance, and structured debt financing, working with both high street and private capital funders to support UK SMEs and mid-market businesses on event-driven financing across various sectors. At FDC, he focuses on delivering SME funding for event-driven transactions across the North of England.

Andy Green leads the team deploying the Midlands Engine Investment Fund II (MEIF) Debt programme, which provides loan finance of £100k-£2m to growing West Midlands-based SMEs. He has 24 years of experience at NatWest in corporate and commercial banking, ultimately as Relationship Director, and has been with FDC since 2013, working with SME clients in the advanced manufacturing sector.

Charlie Robinson joined the Growth Team at Frontier Development Capital in 2022, focusing on funding solutions for SME businesses across the UK. He has more than 15 years of private equity experience in the SME space, previously at LivingBridge and then at YFM Equity Partners, where he was a Partner and led investments across technology, consumer, and business services.

Ed Bradburn joined Frontier Development Capital's property team in 2017 from HSBC, where he worked in Corporate Banking and Real Estate Finance. He focuses on the structuring and execution of real estate transactions and supports the growth and delivery of the firm's property funds.

Gerald Gannaway joined Frontier Development Capital's property team in 2017, supporting the delivery of its property funds and expanding its client base. He is a qualified banker with over 25 years of corporate banking experience spanning SME, mid-market and large corporate work, with a background in credit, restructuring and real estate.

Graham Mold is a chartered accountant who trained at KPMG and has over 30 years of experience investing in and working with SMEs, including 14 years in the venture capital industry. He has held Fund Principal, Portfolio Director, and Finance Director roles and served on the boards of investee companies. At FDC he leads the SME Debt Funding team, sourcing and evaluating new SME funding opportunities and delivering investor returns.

Harry Pennells is an Investment Manager on the Property Team, having spent over seven years in property finance working across senior and mezzanine debt. He is a Chartered Associate of the London Institute of Banking & Finance. In his role he sources new business opportunities and supports the monitoring and management of property debt transactions.

Justin Sorby has over ten years of corporate finance experience, having worked at KPMG Corporate Finance, PwC Corporate Finance, and BTG Corporate Finance, where he was a director. He also served as commercial director for a healthcare business, where he led the acquisition of care home group Silk Healthcare and a company refinancing. He joined FDC in 2020 to originate SME funding opportunities across the Midlands and the South.

Kathryn Light is an Investment Manager on the FDC Growth Capital team, focusing on originating and delivering SME funding opportunities across the Midlands. Since joining FDC in 2017, she has worked in the Operations and Portfolio teams, handling client financial analysis, risk management support, and fee collection. She is an ICAEW Chartered Accountant, having completed the ACA qualification with FDC's sponsorship.

Kieren Turner-Owen is an Investment Director on the Property Team at Frontier Development Capital, which he joined in 2019. He previously spent six years at HSBC, including four years in Corporate Real Estate in Birmingham, and has over seven years of experience in property finance working with clients ranging from SMEs to large corporates. His work involves sourcing, due diligence, and ongoing monitoring of property debt transactions and supporting the growth of the firm's property funds.

Marie Kelly is an Investment Manager who joined the firm in 2014 to work on the £24m National Tooling Loan Fund. She has more than 30 years of experience in banking and financial services, having worked at HSBC before moving to Bank of Scotland Corporate and later Bank of Scotland Private Banking, where she led credit teams in Birmingham and across regional areas. She holds the CIOBS diploma in Advanced Specialist Lending.

Nick Oakley is a qualified banker with more than 30 years in corporate banking. From 2001 he served as Regional Head of Property Finance and Restructuring Teams for The Royal Bank of Scotland in the Midlands, with experience funding commercial and residential property developers via senior debt, mezzanine, and equity. He joined the firm in 2015 and leads the Property Investment team, sourcing and evaluating new opportunities and developing the property funding portfolio.

Raj Minhas joined Frontier Development Capital in May 2024, bringing 37 years of experience in financial services. He spent 30 years at NatWest, largely as a Senior Relationship Manager in SME commercial and corporate banking, followed by 7 years at Maven Capital Partners as an Investment Manager under the Midland Engine Investment Fund debt mandate. His work has focused on the SME market, managing commercial customers with turnovers up to £25m across manufacturing, services, healthcare, property, and leisure.

Ryan Cartwright joined Frontier Development Capital as Investment Manager in 2024, supporting deal origination for the MEIF II. He began his career in commercial lending at NatWest Bank in Staffordshire, later working at a Growth Hub and Chamber of Commerce and in factoring in Birmingham. He served as UK Network Manager for the British Business Bank covering the West Midlands, and previously worked at the FSE Group delivering the first Midlands Engine Investment Fund.

Simon Kelsall qualified as a chartered accountant with KPMG and has more than 20 years of experience investing debt and equity into UK SMEs for major financial institutions, including a decade at Barclays Ventures in Birmingham. He also spent three years as Finance Director of a training company before joining Frontier Development Capital in 2019, where he sources, evaluates and transacts SME funding opportunities across the UK.

Clive Broadhurst manages FDC's UK-wide portfolio of SME investments, contributing to the firm's portfolio and risk management processes, investor reporting, and client support. He joined the firm in 2012 as Investment Director, having previously spent 10 years at KPMG Corporate Finance working with mid-market privately owned and private equity backed businesses, and 3 years at RBS in the leveraged debt market. He is a Chartered Accountant who trained at PwC.

Pauline Watson has over 20 years of experience in financial services, with a background in managing operations across multiple teams and locations. At Frontier Development Capital, she oversees day-to-day operations including financial controls, stakeholder and regulatory reporting, buildings and infrastructure, technology, HR, and office policies. She joined the firm in 2010.

Sadie Coombs began her administration career at 16 through an apprenticeship, earning BTEC Level 2 qualifications in Business Administration and in IT and Communication. Before joining Frontier Development Capital, she worked as an Audit Reconciliation Clerk in the V12 Vehicle Finance section at Secure Trust Bank, handling monthly audits across hundreds of dealers. She joined FDC's Operational Support and Fund Administration teams in 2026.