European middle-market firm Silverfleet Capital hired Andrew Harrison as head of investor relations. Harrison joined from Credit Suisse, where he was a member of the Private Fund Group raising capital for buyout, energy, credit and infrastructure funds. Most recently worked on origination and due diligence activities for European and Asian funds.
Silverfleet Capital (“Silverfleet”) is pleased to announce the appointment of Andrew Harrison as Head of Investor Relations, based in its London office.
Andrew joins Silverfleet from Credit Suisse where he spent over 12 years, latterly as a member of the firm’s Private Fund Group (“PFG”).
During his time in the PFG, Andrew raised capital for a number of buyout, energy, credit and infrastructure investment strategies including Silverfleet’s second independent fund. Most recently, Andrew was responsible for the PFG’s origination and due diligence activities across Europe and Asia.
Andrew has a degree in Computer Science and Management Science from The University of Edinburgh, and holds an MBA from Imperial College London.
Neil MacDougall, Managing Partner at Silverfleet Capital, commented: “We are very pleased that Andrew has decided to join Silverfleet to manage our investor relations function. Having worked very closely with him during the raising of our second fund we expect that he will make a significant contribution to our firm in this role.”
Commenting on his appointment, Andrew said: “I am delighted to be joining Silverfleet and am excited to be part of a market leading firm with such a longstanding reputation for creating value in companies across the European mid- market. Having advised the Silverfleet team on their last fund raising, I am looking forward to developing further the firm’s relationships with investors around the world.”
About Silverfleet Capital:
Silverfleet Capital has been an active European mid-market private equity investor for more than 30 years. The investment team of 25 executives is based in offices in London, Munich and Paris and currently manages around €1.2 billion. Silverfleet Capital’s second independent fund closed in 2015 with commitments of €870 million. Since its close, the fund has completed investments in: The Masai Clothing Company, a Danish headquartered wholesaler and retailer of women’s fashion; Coventya, a French headquartered specialty chemicals business; Sigma Components, a UK precision components manufacturer
focusing on the aerospace industry, and UK apprenticeship provider Lifetime Training.
Silverfleet Capital seeks to create value through its “buy to build” investment strategy. This means working closely with companies to accelerate their growth through investment in new products, production capacity or people, or through rolling out
successful retail formats or through making follow-on acquisitions. Since 2004, Silverfleet
Capital has invested €1.6 billion in 24 companies that have completed 72 acquisitions and opened in 196 locations.
Silverfleet Capital invests primarily in four sectors: business and financial services; healthcare; manufacturing; and retail, leisure and consumer goods. Since 2004, 28% of new investments by capital invested have been in companies with headquarters in the DACH region, 30% based in the UK and Ireland, 22% in the Nordic Region and 20% in France, the Benelux region and elsewhere in the world.
Silverfleet Capital has a consistently strong investment track record. Most recently, Silverfleet Capital has divested: Cimbria, a Danish agricultural manufacturer1; Kalle, a German artificial casings manufacturer (3.5x cost); OFFICE, the UK shoe retailer (3.4x cost); and Aesica, a leading pharmaceutical CDMO business (3.3x cost).
(1) Money multiple not disclosed for legal reasons.
To find out more: www.silverfleetcapital.com