Mercury hires LBO director

Martin Block joins from the Royal Bank of Scotland.

Mercury Private Equity has hired a sixth man for its Frankfurt team. Martin Block joins as director of leveraged buyouts.

Block was previously director in the Royal Bank of Scotland’s leveraged finance group. He has also worked at Credit Lyonnais, County NatWest and HSBC.

Mercury, which opened in 1999, wants to add two further staff members to its Frankfurt office. It is not alone in its desire for new blood – Germany’s private equity sector is growing so fast that the pool of available talent has all but dried up.