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Richard began his career as an economist working with the World Bank and IFAD, then became a partner at KPMG. In 2000 Richard formed Catalyst Venture Partners, a boutique investment advisory company specialising in early-stage growth companies, and in 2020 he founded Ruffena Venture Finance, a venture debt investor. He has been a strategic advisor to Xylotek since its foundation, and became Chairman in 2021.