VPC Specialty Lending Investments appoints Graeme Proudfoot to its Board as Independent Director

– UK, London –  VPC Specialty Lending Investments PLC (LON: VSL) today announced the appointment of Graeme Proudfoot to its Board as an independent director effective from 1st December 2020.

Following the appointment of Mr Graeme Proudfoot as a new independent non-executive director, Mr Richard Levy will retire from the Board on 31 December 2020.

“We are delighted that Graeme is joining the Board. He brings with him valuable expertise from the 20 years he spent running Invesco’s investment trust business, where he earned an excellent reputation for his responsive dealings with shareholders, the broking community, regulators and stakeholders. We were looking for a director with deep expertise in the investment trust market and the standing, mindset, and knowledge to be independent and capable of challenge. Graeme certainly has those attributes.” said Board Chairman, Kevin Ingram.

He added: “I also want to thank Richard for his consistent and valuable contribution to the Board.”

About Graeme Proudfoot

Graeme Proudfoot is currently chairman of Blackrock Income and Growth Investment Trust plc and brings a wealth of asset management expertise and investment trust experience, having spent his executive career at Invesco, latterly as Managing Director, EMEA and CEO of Invesco Pensions. Mr Graeme Proudfoot joined Invesco in 1992 as a legal advisor and held various roles within the Invesco Group, including General Counsel of Invesco Global, before moving to take responsibility for several businesses in the UK including Invesco’s investment trust business, which he led from 1999 until his retirement from Invesco in 2019, during which period it was one of the leading businesses in the industry with trusts with a range of investment styles and structures. Before joining Invesco, Mr Graeme Proudfoot began his career at Wilde Sapte, Solicitors, practising in London and New York.

About VPC Specialty Lending Investments PLC

VPC Specialty Lending Investments PLC is a UK listed investment trust focused on asset-backed lending to emerging and established businesses to build long-term, sustainable income generation. The Company identifies investment opportunities across various industries and geographies to offer shareholders access to a diversified portfolio of opportunistic credit investments originated by non-bank lenders with a focus on the rapidly developing technology-enabled lending sector.

For more information: https://vpcspecialtylending.com/

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