Greenpark Capital has continued to expand its investment team with the appointment of Eric Pathé as investment director.
He joins a team of 12 investment professionals to source and execute deals in the secondary buyout sphere, which may see as much as $30 billion in closable deal flow this year, Greenpark founder and chief executive Marlene Groen recently told sister magazine Private Equity International.
Pathé worked previously for mid-market buyout fund Langholm Capital, where he focused on European deals. Prior to this he was a senior associate at management consultancy McKinsey & Co, where he was involved in financial services and technology projects.
“The secondaries market is experiencing a major expansion and I am thrilled to have joined such a high calibre team at a time when the outlook for mid-market European secondaries is so promising,” Pathé, said in a statement.
Co-founder and operations director at Greenpark, Joanna Jordan, welcomed Pathé in a statement and said that the firm's hiring spree was set to continue in line with its expansion. In November and December it hired ex- Doughty Hanson veteran Robert Savage and Matthew Arkinstall, a former infrastructure specialist for Australian life insurance firm MLC, as investment directors.
Greenpark, which was established in 2000 to focus specifically on secondaries, now has more than ?1.3 billion under management across three funds.