Turner Adds To Growing Investment Team

Glasgow-headquartered family investment business has expanded its team to support the company’s growth ambitions.

The hires are the latest in a series of developments for Turner, which operates across the UK and Europe. The two recruits join Investment Director Jason Cohen who was appointed last year, while earlier this year the company returned to the heart of the city’s business district after four decades in Govan. The relocation follows the sale of Turner Aviation last year, which further strengthened the company’s position to invest in growth opportunities.

Murray Foggo previously of AAB joins as an Investment Executive and Aaron Marshall from PWC takes up the role of Portfolio Manager. Both will support the investment team in identifying, evaluating and executing investment opportunities, while working closely with existing portfolio companies to create long-term value.

The business is looking to partner with ambitious management teams in industrial and business service markets, with the aim of growing its portfolio across the UK.

Turner is fourth generation family business which has been building private companies for more than 100 years. Its portfolio of businesses’ turnover is more than £90 million with a combined balance sheet value of over £150 million.

Craig Campbell, CEO of Turner, said:

“There’s a real sense of momentum in the business right now following the sale of Turner Aviation, our return to the city centre, and the vital hires we’ve made to bolster our team."

"The moves we’re making are being noticed in the market, where we’re strengthening our reputation as a forward-looking private capital investment firm. One thing that remains the same though is our focus on targeted sectors where we see the greatest potential for sustainable, long-term returns, within industrial services, energy transition and technology-enabled businesses.”

Jason Cohen, Investment Director, said:

“It’s been less than a year since I became part of the growth team at Turner and already the volume of quality conversations across the whole business means we’ve had to hire two new colleagues to help us with assessing the opportunities available. Murray and Aaron join us at the perfect time given how our networks are expanding, not just in the heart of Glasgow’s business district but across the UK. We’re really pleased to have them on board.”