Campbell Lutyens promotes three

The firm is positioning itself for ‘material expansion’ in the US and deeper involvement in the credit fund space.

Placement agent and secondary advisory firm Campbell Lutyens has promoted Edward Hutton to partner, according to a statement.

Hutton, who joined the firm in 2007, is responsible for Campbell Lutyens’ GP and LP relationships in the Nordics and shares responsibility for investor coverage in the UK.

Hutton has raised “significant capital” for a range of clients’ funds across private equity, infrastructure and private debt, has helped to source fundraising mandates, and has been “instrumental” in generating secondaries opportunities for the firm, it said.

The firm has also promoted Xiaoni Shi, who is based in Hong Kong, and Nick Spencer, who is based in London, to principal. Shi joined the firm in 2013 and covers the Asia-Pacific region with an emphasis on Japan and Greater China. Spencer, who joined the firm in 2010, has worked across the firm's activities, with a specific focus on secondary infrastructure transactions.

Campbell Lutyens managing partner and chief executive officer Andrew Sealey said the promotions strengthen the firm and “position us for further growth in both our primary and secondaries businesses”.

The promotions follow two hires in March to boost the firm’s primary fundraising capabilities, as reported by Private Equity International.

Former Credit Suisse private funds group executive Jeffrey Griffiths joined the firm as principal in the London office, while Andrew Symons joined from Forum Capital Partners as a senior vice president in New York.

Sealey told PEI that Symons’ appointment was part of a “material expansion” of the firm’s US business, while Griffiths’ skills in private credit added to an expanding area for the firm.

Campbell Lutyens acted as placement agent for Norway-headquartered private equity firm FSN Capital on its fifth fund, which closed on $719.52 million earlier this month. FSN Capital V, which was launched in November 2015, is the firm’s first dollar denominated fund, as reported by PEI.