London, 24 July 2017 – 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.
On his appointment 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.”
This press release is issued by Octopus Healthcare Adviser Ltd, which is authorised and regulated by the Financial Conduct Authority. It is for use by journalists in their professional capacity and should not be relied upon by retail clients.
For media enquiries, please contact:
Mark Davis, Octopus Healthcare
t: +44 (0) 20 3142 4087
Sharon Barlow, Hyped Marketing
t: +44 (0) 1252 717373
Notes to editors
About Octopus Healthcare
Octopus Healthcare, part of the Octopus group, is a leading UK healthcare property investor, developer and manager of healthcare properties. The Octopus Healthcare team invests in and develops properties as well as creating partnerships to deliver innovative healthcare buildings to improve the health, wealth and wellbeing of the UK. It currently manages over £1 billion of healthcare investments across a number of platforms, with a focus on five core areas: GP surgeries, care homes, specialist education schools, retirement housing and private hospitals. The Octopus Group has 150,000 customers who have invested more than £7 billion. Our approach is simple- find out what’s broken and then work out the way it should be. We’re known for innovation, doing the simple things well and for customer service that goes the extra mile. This allows us to make a difference, both to our customers and to the world around us.