HgCapital has beefed up its renewable energy team by making two more hires.
Pettinicchio has joined from Goldman Sachs’s investment banking division in London where he focused on European power and utilities and renewables. Quiroga formerly worked at Credit Suisse in the bank’s European energy group focusing on mergers and acquisitions. Prior to Credit Suisse he was at Boston Consulting Group.
The firm has made six investments in the sector, including two wind farms in Italy and the UK.
Hg currently has more than €2 billion under management. The firm succeeded Mercury Private Equity which was acquired by Merrill Lynch in 1997 and spun out in 2000.