Octopus Healthcare announces the appointment of Edward Clough to the group. Edward joins as Business Development Director, with a focus on primary care, to ensure the MedicX Fund reaches £1 billion of investment within the next three years.
The MedicX Fund is a specialist primary healthcare infrastructure fund, investing in modern purpose-built properties in the UK and Ireland. It has a healthcare property investment portfolio of over 150 properties. Octopus Healthcare helps GPs, Clinical Commissioning Groups (CCGs), and healthcare operators gain access to investment, such as the MedicX Fund, to deliver new buildings and improve access to healthcare services for their local communities.
Previously with international law firm, Allen and Overy, Edward’s new role is to identify primary care development opportunities through engagement with GPs, CCGs and NHS England. This will also involve engaging with all areas of the NHS – including NHS PS and Trusts – to explore investment or development opportunities.
Octopus Healthcare has extensive experience working with the NHS to facilitate the development of new modern premises, either directly through JV structures, or indirectly using Strategic Estates Partnerships (SEPs). Edward will develop these partnerships further with the goal of ensuring healthcare premises are fit for purpose, and meet the demands of both patients and clinicians.
Edward Clough said:
“I am delighted to join the Octopus Healthcare team and look forward to identifying many exciting opportunities for primary care providers, helping to ensure that patients and GPs have the best facilities possible in their local communities.”
Tim Meggitt, Director at Octopus Healthcare:
“Edward’s appointment demonstrates our commitment to proactively facilitating improvements in primary care provision, ensuring that GPs have modern, state-of-the-art premises to deliver healthcare services. The MedicX Fund is a leading investor in modern, purpose-built primary care premises, providing communities with access to a range of healthcare services in their local areas and enabling primary care providers to meet increased demand from patients.”
For journalists in their professional capacity only. The value of an investment, and any income from it, can fall as well as rise. Investors may not get back the full amount they invest. Personal opinions may change and should not be seen as advice or a recommendation. We do not offer investment or tax advice. We recommend investors seek professional advice before deciding to invest. Issued by Octopus Healthcare Adviser Limited which is authorised and regulated by the Financial Conduct Authority. Registered office is 6th Floor, 33 Holborn, London EC1N 2HT. Registered in England and Wales No. 05857926. Issued: July 2017.