LDC has appointed Daniel Sasaki as a director in its London office. The private equity arm of Lloyds TSB, which invests from its parent company’s balance sheet, said that Sasaki would focus on larger mid-market transactions. LDC has the ability the invest up to £100m of equity in any one transaction.
Sasaki will primarily look at opportunities in the media, IT, telecoms and business services companies operating in and around London.
He joins LDC from Hemisphere Capital, an independent merchant bank specialising in growth capital deals which he co-founded in 2002.
Prior to Hemisphere, he was managing director of SOFTBANK Europe Ventures, a US$600m fund backed by SOFTBANK for media and technology investments in Europe and Israel.
“LDC has ambitious plans to take advantage of re-priced opportunities as they arise in our local to London sectors,” said Peter Brooks, managing director of LDC London in a statement.
Source: Thomson Merger News