The UK private equity subsidiary of Barclays, Barclays Private Equity (BPE), has recruited Nigel Middleton to its Infrastructure Funds division as the firm looks to increase its activity in the Private Finance Initiative (PFI) and Public Private Partnership (PPP) sectors.
Middleton joins BPE from Pricewaterhouse Coopers Corporate Finance, where he provided corporate finance advice to PWC clients, latterly advising public and private sector clients on PFI transactions. He was head of PFI/PPP advisory services for PWC in the UK.
Middleton will join the BPE Infrastructure Funds division, headed by managing director Chris Elliott, in September. According to Elliott, the appointment reflects an increase in PFI and PPP related activity both in the UK and in Europe.