Permira, the London-based, global private equity firm, recently added four professionals in its New York office.
According to Tom Lister, the head of the Permira’s US operations and a partner in New York, his office is on track to have 10 investment professionals, or roughly 10 percent of the firm’s global roster of investment professionals.
Lister joined Permira last year from Forstmann Little & Co, where he worked for 13 years. The New York office’s other partner is Allen Haight, who relocated from London to New York in 2002. In total, Permira has 28 partners.
Lister said he recently hired three associates and an analyst, although he declined to give their names at this time.
Permira will focus mainly on European buyout opportunities, although many of those opportunities will have US and Asian components. Lister said he was “quite pleased” with the deal flow his office has been seeing in the past year. “There are plenty of opportunities,” he said.
Last week, Permira announced a first close on its fourth private equity fund, at just over €10 billion. The firm is waiting for further commitments from a “number of structured products” that will put the fund at its cap of approximately €11 billion ($14 billion), according to the firm.
Permira, led by Damon Buffini, has additional offices in Frankfurt, Madrid, Milan, Paris, Stockholm and Tokyo.