Baring names 11th partner

Gail Guerin joins from Hamilton Lane Advisors.

Baring Private Equity Partners has appointed Gail Guerin as the firm’s 11th senior partner.

Guerin was previously a managing director at Hamilton Lane Advisors.

At Baring, she will work on fund-raising and marketing and will be based in Philadelphia and London.

Baring Private Equity Partners is thought to be planning an MBO to gain independence from its owner, Dutch bank ING, which is scaling back its international operations.

Baring is raising three funds: a $500m Asia fund; a $150m – $200m India fund; and a $150m – $200m Russia fund.