New interest from UK investors in regions like the North East is driving healthy competition in the private equity market, according to the regional head of a leading investment group.
Michael Vassallo, investment director at Maven Capital Partners, said growth capital investment activity in the region is regaining momentum after the initial impact of the pandemic.
As a consequence of remote working trends, the North East has become more accessible to workers and entrepreneurs - and that has simultaneously broadened the horizons of many investors, he said.
