Aberdeen strengthens PE team

The new appointment brings the private equity division of Aberdeen Asset Managers Private Equity to six.

Aberdeen Asset Managers Private Equity (AAMPE) has appointed Craig Hopwood as senior investment manager in its private equity team.
 
Previously, Hopwood spent the last four years as a director within HSBC’s leveraged finance team in Leeds, where he led a number of deals, including Interflora, Olan Mills and CET Group.
 
Before HSBC, Hopwood was based in PricewaterhouseCoopers’ transaction services team in London before moving to its corporate finance private equity advisory team based in Leeds.
 

Hopwood: brings AAMPE’s PE team to six

Hopwood is AAMPE’s second major appointment since the firm restructured into private equity and growth capital teams in October of last year and changed its name from Aberdeen Murray Johnstone Private Equity. Ian Slater was appointed as investment director at the beginning of this month.
 
The private equity team focuses on deals valued at between £10 million (€15 million; $18 million) to £50 million in the UK, focusing on investments in the support services, specialist manufacturing, consumer and leisure and financial services sectors.
 
“Craig will focus entirely on new investment opportunities in our four core sectors where he gained valuable experience at both HSBC and PricewaterhouseCoopers. Craig joins a national team although he will predominantly focus on deals across the north of England,” said Francesco Santinon, head of investment, private equity at AAMPE, in a press release.
 
Hopwood’s appointment brings the private equity team at AAMPE to six.
 
AAMPE, a subsidiary of Aberdeen Asset Management, has aggregate private equity funds under management of £310 million (€452 million; $548 million) and is currently investing from the Aberdeen Murray Johnstone Private Equity Fund (AMJPEF), which closed in December 2003 on £72 million.
 
The private equity division operates from seven regional offices in Aberdeen, Birmingham, Glasgow, Inverness, Leeds, London and Manchester.