Brooks returns to LDC

Peter Brooks is set to re-join LDC, the UK bank captive and his third firm in two years. He left Sovereign Capital, where he had been managing partner, in October 2005.

LDC, the captive mid-market buyout arm of UK bank Lloyds TSB, has welcomed back Peter Brooks, a former managing director of investor network Pi Capital, as a director in its London office.

Reporting to Tim Farazmand, LDC's regional managing director for London, Brooks is returning to LDC where he worked almost twenty years ago.

Most recently Brooks worked at Pi Capital, a high net worth investor network, which he joined last July as managing director and partner.

Before Pi he spent seven years at Sovereign Capital, where he was managing partner. Senior partners Andrew Hayden and Ryan Robson took over Brooks’ responsibilities at Sovereign Capital following his departure in October 2005.

Brooks has started again at LDC almost two years to the day since quitting Sovereign. At LDC he will focus on transactions requiring between £2 million and £15 million of equity in London and the south east of the UK.

Tim Farazmand, said: “His appointment confirms our commitment to this segment, which is our heartland.  His experience will help to drive greater activity across the London and south east region.”