WCM Partners' only new director leaves business one year after launch

Woodford's new firm

WCM Partners, the new investment company run by disgraced fund manager Neil Woodford, has issued a ‘termination of appointment’ notice of director Gavin Christopher Petken, the only registered officer who had not worked with the manager at Woodford Investment Management.

According to a Companies House update, Petken left the business on the 17 January 2022. No further information has been provided, although WCM Partners' press team has been approached for comment. Prior to joining WCM Partners, Petken was head of investment at the UK Government's Business Growth Fund. He also founded Airstream Capital in October 2020 and was an early angel investor in Amplify - a 'data aggregation' firm specialising in health and fitness.  WCM Partners was launched on 15 February last year, just over than two years after Woodford Investment Management collapsed. Th...