Tom Lamb, the former co-head of Barclays Private Equity (now Equistone Partners), has resurfaced at Key Capital Partners. Lamb has been appointed as non-executive chairman of KCP, which targets investments of between £2 million and £10 million in UK-based companies. He retired last year from BPE after 26 years at the firm.
“I wanted to remain in private equity. Acting as non-executive chairman gives me the chance to lend my experience to KCP’s deals in the lower-mid market,” Lamb said in a statement.
Palamon Capital Partners has also sought to bring in an experienced senior advisor, hiring Hans-Joachim Körber to sit on its board of advisors. Körber sits on a number of boards, including Air Berlin and Esprit Holdings, and was formerly chief executive of German group Metro.
Elsewhere in the UK, sustainable growth investment group Bridges Ventures has appointed a “head of impact” to measure the social and environmental impact of the firm’s investments. Clara Barby steps into the newly-created role after completing an MBA at INSEAD. She previously worked as head of corporate strategy at India-based AyurVAID Hospitals and at venture capital firm Acumen Fund. Bridges said she would also help to promote sustainable investment in a wider context.
Swedish private equity group Ratos has appointed a new chief executive. Investment director Susanna Campbell will become head of the firm in mid-April after its annual general meeting, Ratos said in a statement. It proposed that the incumbent chief executive, Arne Karlsson, be appointed chairman of the board after current chair Olof Stenhammar declined re-election.
Mid-market private equity group TA Associates has made eight promotions. Roy Burns, Mark Carter, Hythem El-Nazer and Harry Taylor were all promoted from director to principal. Birker Bahnsen, William Christ, Morgan Seigler and Jason Werlin were promoted from principal to senior vice president.
Arle Capital Partners sealed a twin triumph, selling Capital Safety Group for a 2.7x return and simultaneously pinching the company’s chief executive. Anders Pettersson joins Arle as a partner having worked with Arle for several years, both at CSG and also at previous investment Thule.
Another UK firm, Graphite Capital, hired Jack Langdon as an investment manager. He joins from peer Englefield Capital, where he worked for five years on deals predominantly in the support and financial services sectors.
It’s not just sponsors who are supplementing their teams – advisors are following suit. Baird has appointed Paul Bail as a managing director in its investment banking team in London as it bids to expand its debt advisory business. Bail joins from Investec, where he was a director in the bank’s debt advisory group focused on private equity financing. Prior to Investec, he spent four years at Barclays, where he rose to managing director in charge of the bank’s financial sponsors group.