UK-based Arle Capital Partners has appointed Quentin Nason as head of investor relations and business development.
The firm has not revealed plans for funding new deals, an issue detailed in PEI's in-depth interview with Arle managing partner John Arney.
Nason was formerly a managing director at Deutsche Bank, where he was in charge of building the alternative asset manager equity structuring and capital markets business across Europe, the Middle-East, Africa and Asia. Prior to his tenure at Deutsche Bank, he worked close to 12 years with UBS in London, Hong Kong, Singapore and New York.
His appointment follows two new additions to Arle's investment team last year, and two other in December 2011. George Buckley, 3M’s chief executive, also joined as chairman in June.
Arle was formally launched in April 2011, following a management buyout of Candover Partners, a now-defunct pan-European firm.
It has been redefining its strategy since becoming the successor manager of funds previously held by Candover, by refocusing on what it calls the “North-Sea rim” – the UK, Benelux, the Nordics, and the German-speaking area. It targets investments in the energy and natural resources sectors.
It manages the Candover 2001, 2005 and 2008 legacy funds, which have a combined portfolio of 10 investments and a value of $2.3 billion.