YFM appoints Marcus Karia as CFO

Experienced private equity and venture capital finance director Marcus Karia has joined fast growing YFM Equity Partners (YFM) as chief financial officer.

Joining YFM as a partner, Marcus will work across YFM’s offices in London, Leeds, Manchester, Reading and Birmingham. Over the last 13 years, he has held roles across the fund management industry, including with Bridges Fund Management and with LDC, the private equity arm of Lloyds Banking Group.

Most recently, Marcus was group finance director of London Stock Exchange-listed venture capital firm Arix Bioscience plc, dealing with all aspects of its operations and overseeing finance, portfolio monitoring and analysis and IT. Having joined the company soon after it was founded in 2016, he led the development of the group’s operations, as well as supporting Arix through its IPO.

Marcus is qualified as an ICAEW Chartered Accountant, having trained with PwC.

In his new role, Marcus brings a breadth and depth of experience to bear, overseeing all of the business’ finances, and financial reporting on its managed VCTs and buyout funds.

“Having spent his entire career working in venture capital and private equity, Marcus has broad experience of the sector, from mid-market through to public companies,” explains David Hall, managing director of YFM. “The breadth of the knowledge he brings will add real value as YFM embarks on the next stage of our growth journey.”

Marcus comments: “YFM has a great reputation; I have been impressed by the team and its inclusive and positive culture. With its strong base and solid track record supporting fast-growing businesses throughout the UK, this is an exciting opportunity to play a part in the business’ continued development.”