Mezzanine Team

> Andreas Christodoulou
   +44 20 7597 4867

> John Clifford
   +44 20 7597 4399

> Ed Cottrell
   +44 20 7597 5187

> Avron Epstein
   +44 20 7597 4733

> Viresh Patel
+44 20 7597 3757

> James Stirling
   +44 20 7597 4119

> Phil Tarimo
   +44 161 819 7920

Andreas Christodoulou

t: +44 20 7597 4867
e: andreas.christodoulou@investec.co.uk

Andreas is responsible for origination, structuring, execution and the ongoing monitoring of investments within the Growth & Acquisition finance division. He currently is actively involved in the division's investment in Big Bear Group.

He joined Investec in 2004 and has previously worked in Investec's Principal Investments and Structured Finance divisions, where he gained extensive experience in managing and structuring debt and equity instruments across a range of industries.

Andreas is a qualified chartered accountant, and holds a B.Comm. and 1st Class B.Sc. Mechanical Engineering degree from the University of Cape Town.

John Clifford

t: +44 20 7597 4399
e: john.clifford@investec.co.uk

John is responsible for origination, approval, execution and post-deal monitoring of investments. He is responsible for the team's investments in CliniSys and Aerial.

John joined the team in 2005, having been a Partner at corporate finance boutique Livingstone Guarantee. John qualified as a Chartered Accountant with PricewaterhouseCoopers.

Ed Cottrell

t: +44 20 7597 5187
e: ed.cottrell@investec.co.uk

Ed is responsible for origination, execution and the ongoing monitoring of investments. He has led Investec’s involvement in numerous investments including Acraman, James Villas, Reach, Plastics Capital and Catalyst.

He joined the team at its inception in 2003. Previously he worked for Investec’s Corporate Finance team and in Investment Banking division of Merrill Lynch in the Emerging Markets and Financial Institutions teams in London. Ed is a qualified Chartered Accountant and holds a Bachelor of Business Science (Hons) from the University of Cape Town.

Avron Epstein

t: +44 20 7597 4733
e: avron.epstein@investec.co.uk

Avron joined Investec in 1998 in the Investment banking division. In 2003 he joined the Private Bank and set up the Growth and Acquisition finance team that he heads up.

Avron has extensive experience in providing structured finance and equity funding to SME’s as well as working with entrepreneurs in supporting and growing their businesses.

He has a BA in economics and Business Administration and an MBA from Tel Aviv University.

Viresh Patel

t: +44 20 7597 3757
e: viresh.patel@investec.co.uk

Viresh is responsible for the ongoing monitoring, maintenance and administration of the team's investments. Having joined the Private Bank in 2007, Viresh joined the Growth and Acquisition Finance division in 2008 having previously worked in the bank's Structured Property Finance team.

Viresh holds a BSc (Hons) degree in Mathematics with Business and Management from the University of Manchester.

James Stirling

t: +44 20 7597 4119
e: james.stirling@investec.co.uk

James is responsible for origination, approval, execution and post-deal monitoring of investments. He has led numerous of the team's transactions including Big Bear Group, Superglass Insulation and The Hideaways Club.

He joined the team in early 2005 and previously worked at corporate finance boutique Livingstone Guarantee after qualifying as a Chartered Accountant with PricewaterhouseCoopers.

Phil Tarimo

t: +44 161 819 7920
e: phil.tarimo@investec.co.uk

A qualified chartered accountant, Phil has spent the last 14 years in corporate finance advisory and leveraged finance banking roles.

Having joined RBS Acquisition Finance in Manchester in 1998 he helped set up the mid-market focussed Corporate & Structured Finance business in 2001.

In 2002 he was appointed Regional Director, NW England and in 3 years was responsible for building the North West Corporate & Structured Finance team into the pre-eminent leverage finance banking team in the region, having completed more than 50 transactions with a deal value in excess of £4.3bn.

Subsequently appointed Regional Managing Director, North of England Corporate & Structured Finance.

His plaudits include being voted Banker of the Year (2002/04 and his team Bank of the Year (2002/04).

He joined Deloitte in 2005 as a founder Director of their new Debt Advisory business, which in just over 2 years completed over 30 transactions with in excess of £3bn of debt raised.

He has been involved in executing a wide variety and size of transactions including corporate acquisitions, MBOs, P2Ps, refinancing. Recent transactions include raising the debt funding for the £190m SMBO of Americana, the £783m MBO of Keepmoat, the €315m refinancing of Innovia Films and the £40m SMBO of Direct Group.

Joined Investec Growth & Acquisition Finance (based in Manchester) in May 2008 to set up and build its presence in the regions.