TRI Cap People – Core Members
Jamie Andrew
Hywel Ball
John Burgon
Robert Dick
Peter Huddleston
Douglas Needham
Stuart Richardson
Walter Riddell-Carre
Iver Salvesen
Joe Scott Plummer
Gavin Stevenson
JAMIE ANDREW
“TRI cap allows me to add value by investing in people who, through innovation and business, want to make a profitable contribution.”
Jamie is a chemical engineer by training, with experience in the mining, oil & gas refining and manufacturing sectors. One of his prototype designs was bought by the British Science Museum in 2007 as an example of innovation in maritime technology.
Jamie is particularly interested in investing in technology based companies and product innovation. He knows the many pitfalls facing aspiring entrepreneurs and can add real value at board level when it comes to product innovation and commercialisation.
Jamie is also an active business director/investor and he holds a number of non-executive positions within a variety of technology based companies (energy related, medical devices, manufacturing) at chairman and director level (in both the private and voluntary sectors). He is also an associate of Innova Partnerships, the life science company.
He has lived in the Borders for more than 20yrs.
HYWEL BALL
“I am pleased to be able to contribute wide ranging business experience to the substantial resource of TRI Capital.”
After obtaining his degree in Civil Engineering, Hywel joined Ernst & Young the accountancy and advisory firm in London. In the twenty+ years he has been with that firm he has worked in London, New York and Edinburgh specialising first in financial services and latterly in energy. He has been a partner for 13 years and is currently the Managing Partner for Scotland, prior to this he was Head of Energy for EMEIA. His wide ranging experience ranges from large multinationals to small company start ups, from financial control to corporate finance support.
Hywel married into a Borders farming family and has his family home in the Borders. He is committed to ensuring that the experience he has of the broader business community, and in particular of energy related opportunities, is available to TRI Capital and the companies its members invest in.
JOHN BURGON - Director
“Through TRI Cap I have the opportunity to encourage development in the Borders together with the chance to be involved in, and share in, these projects.”
John Burgon’s current business interests span food manufacturing, property development, food technology and marketing, and he has a particular interest in investing in the food, manufacturing and IT sectors.
A borderer through and through, John has pursued his career from his borders base in Eyemouth.
He strongly believes in the future of the Borders, and hopes that, through TRI Cap, he can offer new and developing companies the opportunity to benefit from his 30 plus years of experience in starting, managing and running businesses.
While experience may not be the be all and end all, with it comes a lot of lessons which, when shared, can help a new venture through the minefield that is business development today.
“To work with TRI Cap is a great opportunity for new or developing projects, to access funding and also to be able to call on the wide range of business, financial and entrepreneurial expertise available.”
ROBERT DICK – Chairman
“I have a lifelong attachment to the Scottish Borders and to its business community. TRI Capital is a vehicle which melds my commitment to this part of the world while also providing tangible benefit to entrepreneurs.”
Rob Dick’s involvement in agriculture and associated sectors is evidenced in his CV, which features his own farming interests near Kelso, directorships of Glenteviot Farmers Ltd (Farming co-operative) and CSC Crop Protection Ltd (a Perth-based pesticide distributor) as well as his involvement with bracken spraying through Howden Helicopters and his Chairmanship of the Heather Trust.
However, Rob’s business interests extend to a range of other enterprises – including his family business, W Lucy, an Oxford based manufacturer of electrical switchgear and of specialist iron castings, combined with a large portfolio of residential property.
As Chairman of TRI Capital Rob contributes his wealth of experience in building successful enterprises in the Borders and beyond.
PETER HUDDLESTON
“My interest in investment is varied. It's the people concerned in the venture I am investing in.”
Peter Huddleston has been involved for 20 years in financing and developing businesses as an equity investor, primarily in the service sector. Chairman of Team Support Services Ltd and non executive Chairman of three other recruitment companies, he is also non executive Chairman of Emstar LLP, a training company.
Born in Glasgow, Peter now lives Scottish Borders with his young family and values the business and lifestyle benefits this affords.
DOUGLAS NEEDHAM
“Ashleybank Investments Limited shares with TRI Capital a deep commitment to the economy of the border counties and a passion for enterprise.”
Douglas Needham represents Ashleybank Investments Limited. Ashleybank is one of the leading private equity vehicles in Scotland with interests in commercial property, residential development property, stockmarket and fund investing. Ashleybank has a wide private equity portfolio and will lead and get involved in retail, leisure and textile businesses but will take a portfolio investment approach to almost any other sector.
Ashleybank and TRI Capital have already joined forces on a number of occasions: see our Portfolio pages.
As Ashleybank’s Finance Director, Douglas Needham’s career has largely been in general management and textiles.
“Ashleybank is a member of or associates with other Angel networks in Scotland and the Hotbed syndicate in England. We are serious about our commitment to enterprising businesses and see our close association with TRI Capital as being extremely productive all round.”
STUART RICHARDSON – Director
“Marketing, sales and strategic management in high growth businesses have been the three primary strands of my business career. Throughout, entrepreneurial drive has been key.”
Stuart Richardson’s career has been largely in fast moving consumer goods (FMCG), working both within blue chip companies and building his own highly successful enterprises. Well known names on his CV include Brodie’s Tea and Coffee, Dawnfresh Seafoods, Mars Group and Beecham Toiletries.
For three years Stuart and colleagues built, and subsequently sold, the UK’s leading fresh pasta company with a turnover of £2 million. Since 2000, Stuart has run his own business management consultancy, developing business opportunities for high investment returns.
“I became involved with TRI Cap because the syndicate’s high levels of business expertise and financial skill complement my skills base, enhancing the investments opportunities open to me. I greatly enjoy the opportunity to be involved with both the syndicate and the businesses it invests in.”
WALTER RIDDELL-CARRE

“As a member of TRI Capital I am excited at the opportunities to invest at the ground floor in entrepreneurial companies with high growth potential. If they are based in the Scottish Borders so much the better."
Walter Riddell-Carre is a Borderer. He qualified as a chartered accountant. Then followed a 30 year career in the investment management industry in both London and Edinburgh. With this background and training in investment management and analysis he maintains an active interest in financial markets and involvement in TRI Capital's investee companies.
IVER SALVESEN
www.muirhousefarm.co.uk
www.ecofitter.co.uk
“The Borders offers great natural beauty and a positive work environment for those enlightened companies and investors seeking a better way to live.”
Iver Salvesen specialised in the property sector, with contracting, development and letting interests in the UK, France and the USA. With both his home and business base in the Scottish Borders, he maintains an international perspective while pursuing an active interest in enterprise in the Lowlands.
“My aim is to support the development and maintenance of a higher earning region through involvement in TRI Cap’s investment portfolio. Business owners must have a platform from which their current and future businesses may be launched, and I see TRI Cap playing a significant role in this, in association with the local authority, Scottish Enterprise and LINC.
”I enjoy working with others, seeing them achieve their business targets to mutual benefit.”
JOE SCOTT PLUMMER – Director
“Throughout my career I have been steeped in the investment industry and involved as an investor in the private equity market for twenty years.”
Joe Scott Plummer’s career has taken him from chartered accountancy to the chairmanship of Martin Currie Ltd - one of the largest independent investment management houses in Scotland - via investment bank Cazenove & Co and various other directorships within the financial sector. For twenty years Joe was a director of Candover Investments plc.
Having now stepped down from his post at Martin Currie, Joe is applying his expertise and commitment to TRI Capital. As a Borderer, Joe brings both his professional expertise and emotional attachment to the table and looks forward to playing an active part in developing TRI Capital’s portfolio.
GAVIN STEVENSON – Vice Chairman
“I want to invest in people of quality with ideas of enterprise which will either attract such people to the Scottish Borders or prevent them leaving.”
Gavin Stevenson’s business interests are primarily in property, in Scotland and the West Indies, with projects valued at more than £20 million currently underway. At the same time, his investments range across the spectrum.
He also has a strong working relationship with the Scottish Executive and Scottish Enterprise.
“I have a strong allegiance to the Scottish Borders and will support any initiative that has the objective of furthering the renaissance of this part of Scotland. I believe TRI Capital can assist that objective.”