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RBS managing director quits in favour of smaller deals

A former managing director in Royal Bank of Scotland’s equity finance division, which has recently focused on large-cap deals, has left after 14 years to join an Edinburgh-based venture capital investor amid a trend for buyout practitioners to move to jobs in the small-cap sector.

Bruce McLaren, a managing director within the RBS division working on structuring integrated equity and debt packages to fund buyouts has been appointed as chief investment officer with Noble Fund Managers. Mclaren will report to Henry Chaplin, chief executive of Noble.

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