Italian private equity house Charme Capital Partners has hired three former Doughty Hanson executives to man its new London office, the firm said in a statement on Wednesday.
Julian Huxtable, Christopher Fielding and Francisco Churtichaga, former partners at private equity firm Doughty Hanson, will invest Charme III funds alongside the existing team in Milan.
London-based Doughty Hanson dropped attempts to raise its sixth fund in April and has been selling assets since then.
The team will target mid value companies between 100 million euros ($107 million) and 500 million euros.
Charme III is currently fundraising and has already raised 450 million euros, a source close to the fund said.
Charme was founded by Italian businessman Matteo di Montezemolo, the son of former Ferrari chairman Luca Cordero di Montezemolo.
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