N4 Partners (N4) has announced the appointments of Alan MacLeod and Richard Elliot, as the Glasgow-headquartered investment and advisory firm continues to bolster its ranks since its founding in 2020.

Richard Elliot joins N4 as its new director of property, signalling a strategic move for the firm into real estate investments. He brings a wealth of investment experience, having initially started his corporate banking career at the Bank of Scotland before spending 12 years at Maven Capital Partners, where in his role as investment director he focused on originating and transacting real estate projects across the UK.

Alan MacLeod, who’s joining N4 as a director, has amassed over two decades of experience holding senior finance roles within a diverse mix of global healthcare and energy sector businesses operating across complex international territories.

Richard Elliot commented: “I’m delighted to be joining such a highly experienced and entrepreneurial team at N4. There are always opportunities in real estate throughout economic cycles and I’m really excited to bring N4 Property to the market. I’ll be working with the broader team to identify and execute interesting projects with a key focus on delivering strong returns on capital invested.”

Alan MacLeod also added: “I’m thrilled to be joining N4 as the team continue to expand their investment portfolio and advisory offering. The current investment and advisory landscape has a significant number of opportunities and I look forward to working alongside clients and management teams alike to deliver their full potential.”

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The hiring announcement comes just months N4 launched its maiden venture capital fund after gaining regulatory approval from the Financial Conduct Authority (FCA).

With a targeted fund size of £3 to 5 million, the firm aims to invest between £100k to £750k in up to 20 Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) qualifying businesses emerging throughout the UK, with a focus on utilising the firm’s network across Scotland.