Silverfleet Capital,a Northern European-focused firm, has hired Annette Wilson as head of investor relations in its London headquarters.
Wilson has joined from Palamon Capital Partners, where she was a managing director responsible for investor relations and marketing. She started at Palamon as chief financial officer when the firm was founded in 1999.
Prior to that she worked in the insurance industry and held management roles at Sedgwick Group, which is now part of Marsh & McLennan. She started her career at PricewaterhouseCoopers.
Wilson left Palamon after the firm recently closed an unusually-structured €210 million Auxiliary Fund, as it struggled to raise money for a standard fund.
The head of investor relations role at Silverfleet is a newly created role, according to a Silverfleet statement. “Investor relations has become increasingly important and we believe it is now time for Silverfleet Capital to create a dedicated investor relations function. We have had a very active year in 2013 and expect this to continue in 2014 so we have plenty to keep our investors updated on,” Neil MacDougall, managing partner at Silverfleet, said in the statement.
The firm manages around €1 billion of investments and is currently investing Silverfleet Capital Partners Fund, a €668 million vehicle raised in 2009. Silverfleet invests in businesses with an enterprise value of between €75 million and €500 million that are headquartered in the UK, France, German-speaking Europe, Benelux and the Nordic region. It also backs US businesses that have a substantial European presence, according to the firm’s website.
Earlier this month, Silverfleet picked up an Austrian call centre operator from Ardian. It is unclear how much of the fund is deployed and whether Wilson has been hired in anticipation of raising a successor fund. Silverfleet declined to comment beyond the statement.