Cyril Bourdarot, based in Paris, and Robert Knight, based in London, have become investment executives, while Mark Piasecki, also based in London, has been promoted to a principal.
Piasecki, who joined Silverfleet in 2007, is involved in sourcing, evaluating and completing investments. He previously worked in the consumer and retail investment banking team at Citigroup and also worked for KPMG Corporate Finance.
Before joining Silverfleet in 2011, Bourdarot was chief executive officer of the US subsidiary of Ecocert, a French environmental consultancy firm. Prior to that, he worked at Rothschild & Cie, according to the statement.
Knight has been an analyst at Silverfleet Capital since 2011, having previously been as an associate at NM Rothschild’s merger and acquisition division.
Silverfleet is investing its Silverfleet Capital Partners Fund, a 2009 vintage. The fund closed on €670 million in April 2009. The fund is approximately 40 percent invested, the firm said.
Silverfleet, which was established in 2007, has so far made four investments from its debut fund. In October 2011, it acquired a majority stake in Aesica, a pharmaceutical contract manufacturing business, from LDC, the buyout arm of Lloyds Bank. In December 2010, it acquired Office, a UK footwear business, for reportedly £150 million ($239 million, €187 million). In October 2010, it invested in Creatrade Holding, a German catalogue and online fashion retailer. The fund’s first investment was in 2009, when Silverfleet acquired Kalle, a producer of artificial sausage casings, the statement said.
Silverfleet manages approximately €1 billion and has offices in London, Paris, Munich and Chicago.