Eaton expands London office with two hires

The placement agent said it plans to hire more professionals in London to expand its European services.

Placement agent Eaton Partners has expanded the team in its London office with two hires in newly created roles, according to a source familiar with the matter.

Eaton named Gianluca D’Angelo managing director and head of Europe and James Townend director, as part of the firm’s continuing growth in Europe, according to a statement.

As head of Europe, D’Angelo will lead Eaton’s fund services in Europe. He was most recently a chief financial officer at Linguese, an education technology company in London, according to his LinkedIn profile. 

During his career, he has held positions in business development and served as a fundraising professional at Probitas Partners in London. D’Angelo began his career at UBS-Paine Webber in New York, according to the statement.

“With the support from our new partnership with Stifel Financial and under the leadership of Gianluca, we see a great opportunity for Eaton Partners to increase the number and quality of our European mandates and further diversify our revenue base,” Eaton chief executive Charlie Eaton said in the statement.

Townend will meanwhile be responsible for the development and distribution of Eaton’s hedge fund and public market strategies. Most recently, he was a hedge fund business development director at Nomura for almost five years, according to his LinkedIn. Earlier in his career, he was a financial advisor at Merrill Lynch, a fund of hedge funds manager at advisory firm GAM, and a consultant at Statistical Decisions.

Connecticut-based Eaton originally opened its London office in 2003, with these two new hires bringing the headcount there to seven, the source said.

The firm said in the statement it would hire additional professionals to expand the firm’s European platform. 

“While others may anticipate volatility and uncertainty due to Brexit, we consider it a non-factor and are excited about the prospects in Europe,” Eaton partner Peter Martenson said. “We see an opportunity for growth and have invested in the region behind that thesis.”

Eaton was acquired by Stifel, a US wealth management and investment banking firm, in November 2015, as reported by PEI. In March of this year, Eaton opened its Chicago office, marking its seventh global location, as reported by PEI.