The Ascension Investment Team is responsible for sourcing, negotiating, implementing and managing investments

They are an established group of investment professionals with extensive experience of both investment and hands-on management of SMEs. They profit from the active industry connections essential for the sourcing and development of deal-flow, deal structuring, and market due diligence

The Ascension Investment Team is extremely well connected to the UK’s leading angel networks and early stage VCs, which helps to secure follow-on funding for the portfolio businesses as they move to their next growth stage


Arthur Sherry

Chairman & Investment Committee

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Arthur has over 40 years experience supporting innumerable entrepreneurial management teams to realise their aspirations, with his depth of experience in Leveraged Finance and Private Equity.

He started his career with Bank of Scotland and was involved in dozens of MBOs across a variety of sectors and range of sizes. As the former Managing Director of Lloyds Banking Group Family Office business he also had principal relationship responsibility for the diverse business activities of some of the UK’s largest and best- known self made entrepreneurs, with business interests typically well in excess of £1bn turnover.

He is passionate about supporting the next generation of Entrepreneurs.


Jean de Fougerolles


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Jean has over 20 years experience working in media and digital businesses. After obtaining his MBA from INSEAD in 1996, he became Head of Distribution for MTV Europe out of the London office.

He then started working at Two Way TV, a pioneer in interactive technology, games and digital content, where he became CEO and structured partnership deals with many leading content owners (Big Brother, Who Wants to be a Millionaire, X-Factor, Deal or No Deal, Test the Nation), broadcasters (BBC, ITV, C4, C5, Sky Sports, Flextech, Cartoon Network), and platforms (Sky, Virgin, UPC, BT). In 2008, Jean led the sale of Two Way Media to Virgin Media and a leading private equity group.

Jean is originally from Montreal where he received his BA in History with Honours from McGill University. After a year in Czechoslovakia teaching English and French at Masaryk University in Brno, he became an economist in New York after having completed a Masters Degree in International Relations from Columbia University.

Jean is also an active angel investor and was an early seed investor in Atom Films, eventually sold to Viacom for $200m.


Kieran Hill


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Kieran joined Ascension in 2013 running its Operations. He is part of the investment team analysing new business opportunities, and continually works with the portfolio businesses to progress them.

Before joining Ascension Ventures, Kieran worked for a proprietary trading house in the city as a Derivatives Trader, an Account Director at an online video start-up, and a Freelance Journalist for the Guardian newspaper. He graduated from Westminster University in 2010, with a first class honours degree in Journalism.


Luke Birch


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Luke recently graduated from Imperial College with an MSc in Environmental Technology and also has an MA in Geography from Edinburgh University. Luke has previous experience working in social impact start-ups, consulting and environmental sectors . He is a keen adventurer and has raised over £350,000 for charities; rowing across the Atlantic Ocean in 2013 and recently running 260km through the desert in Jordan


Sam Miller


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Sam has a diverse background of 15 years in banking, venture capital and treasury management, having worked on funding start-up businesses through to working as part of a team that delivered transactions with EVs of £40m plus.

Sam is a member of the Ascension Ventures Board with a particular focus on investing in Midlands-based businesses. He has built up a significant network and is able to draw on many sources to enable successful completion of transactions. Sam believes that bringing a network of people to an opportunity is just as important as investing cash.


Sue Summers


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Sue formed Finance Birmingham with Birmingham City Council and has led the growth of the business from a Business Loan Fund of £10 million to £300 million, through a range of funds and programmes, both locally and on a national scale. Sue has over a decades experience of CEO posts in regulated businesses including The Exchange, Regional Stock Exchange and Finance Birmingham. Sue is passionate about the SME community and the role they play in the economy’s recovery and growth. A strong commercial focus and corporate experience has secured the support of both public and private sector initiatives. Sue is part of the Ascension Ventures Board.


Charles Breese

Investment Committee

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Charles Breese has over 30 years of experience of investing in start-up, early stage and quoted smaller companies, harnessing technology to derive competitive advantage. He previously worked for KPMG and then became the Managing Director of Larpent Newton & Co Ltd. Larpent Newton provides the resources required to assist technology-based companies wanting to develop from being unquoted through to an AIM listing and ultimately to achieving a trade sale.

Ascension Ventures is an appointed representative of Larpent Newton. Charles is also a director of Hygea VCT (which focuses on Medtech), Octopus VCT plc., and is the investment manager for the London Business Angels EIS Fund, one of the UK’s biggest and most successful angel networks. His active participation will enhance Ascension’s deal-flow, co-investment, and follow-on investment activity from his angel network.


Chris Wheatcroft

Investment Committee

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Chris is the Tech Investment Lead at Angels Den, one of the UK’s biggest and most successful angel networks. His active participation will enhance the Fund’s deal-flow and foster co-invest and follow-on investment opportunities from his angel network for the portfolio businesses.

Chris sits on the ASCEND SEIS Fund II & III Investment Committee.


Remy Minute

Investment Commitee

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Remy was founder and CEO at CSC Media Group Ltd, which, when sold to Sony Pictures Television in 2014 for approximately £107m, operated 16 ad-supported television channels and associated websites/VOD channels in the UK.

Remy has worked in broadcast and interactive media for nearly 20 years. Previous to CSC Media, Remy served as the Commercial Director of YooMedia Plc, where his focus was on building and managing their successful and profitable gaming business. Before YooMedia, Remy served as Head of Strategy at Telewest Broadband where he was responsible for implementing Telewest’s broadband content strategy.

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