SL Capital promotes three

The UK-based fund of funds has made three senior promotions, including naming US head Jamie Ebersole managing director, as it plans to strengthen its US platform.

Jamie Ebersole

SL Capital Partners has expanded its senior management team. SL Capital Partners promoted Boston-based Jamie Ebersole to the position of a managing director, while Mark Nicolson and Patrick Knechtli, each based in the UK, have been made partner. The promotions will be effective in January 2013.

Ebersole, who has been working at SL Capital Partners since 2008, runs SL Capital’s North American investment programme, which it hopes to bolster, he told Private Equity International. “I don’t think we can expect our US operations to be the same in size as our European operations in the near future, but our goal is to build out the US operations and to make it a strong platform alongside the European business,” he said.

The firm will also promote Knechtli, who joined the firm in 2009 and is responsible for the firm’s secondary investment programme, and Nicolson, who  focuses on the UK and Germanic markets and the energy and natural resource markets.

Earlier this month, SL Capital Partners held its first close with $75.8 million raised, for its $200 million SL Capital North America Smaller Funds I. The firm also launched its SL Capital European Smaller Fund I in 2010. The fund, which has a €300 million target, reached €155 million ($201 million) by its second close.