London-based Bowmark Capital, a mid-market private equity firm, has named Simon Adcock as a partner and head of portfolio management. Adcock is a former senior portfolio director at Lloyds Development Capital.
Bowmark Capital, the mid-market private equity firm, has appointed Simon Adcock as a partner and head of portfolio management.
Simon brings over 20 years’ experience in corporate advisory and management roles and was previously senior portfolio director at Lloyds Development Capital. Prior to that, he was a partner and regional head of corporate advisory at Deloitte.
At Bowmark, he will be responsible for managing and developing the portfolio management and value creation function, which supports the strategic and operational development of the firm’s portfolio companies.
The appointment follows the closing of Bowmark Capital Partners VI, which reached its target of £600 million in just 10 weeks. The new fund will continue Bowmark’s proven strategy of active investment in growth-oriented mid-market companies, typically with enterprise values of up to £200 million, and including technology-enabled B2B service companies and businesses with potential for both domestic and international growth.
Charles Ind, Bowmark managing partner, commented: “Simon’s appointment represents an important step in the development of our value creation capability, which is a key strategic priority for the firm, and we are delighted to welcome him to the firm.”
For further information, please contact Caroline Cecil Associates at firstname.lastname@example.org or on 020 7610 4110.
Bowmark Capital is a leading private equity investment firm specialising in UK mid-market companies. Founded in 1997, Bowmark manages and advises funds totalling approximately £1.5 billion on behalf of a blue chip investor base including public pension funds, insurance companies and financial institutions from the UK, US and Continental Europe. The Bowmark team has extensive experience of investing in growth companies, and has supported businesses in a range of industries including business services, financial services, media, technology, consumer and leisure, education and training, and healthcare. Bowmark’s philosophy is to be a creative and supportive investor, backing experienced management teams to build world class businesses.