17Capital hires North America IR head

The preferred equity specialist has added at least 15 professionals since the beginning of last year.

17Capital has appointed a head of fundraising and investor relations for North America as it seeks capital for at least two vehicles.

Daniel Lee 17Capital
Daniel Lee

The London-headquartered preferred equity specialist hired Daniel Lee for the role, according to a statement. Lee, who will based in the firm’s New York office, joins from private equity firm Aethon Energy where he was also head of fundraising and IR.

He also has experience as a placement agent and in investment banking and has raised capital for buyout, venture capital, distressed debt, and real asset fund managers, the statement noted.

The firm also hired Greg Hardiman as a senior associate in its investment team, based in New York. Hardiman, who has been working with 17Capital since last year while studying for an MBA, has experience at investment firm Conning and Man Group in its leveraged credit unit.

Greg Hardiman 17Capital
Greg Hardiman

Lee and Hardiman will both work remotely for the time being, partner and New York office head Robert de Corainville said in the statement. The hires bring 17Capital’s New York office headcount to nine.

The firm had raised at least €1.2 billion for 17Capital Fund 5 as of October, out of a €1.8 billion target, Secondaries Investor reported last year. A Luxembourg regulatory filing from July shows that the firm is also in market with a debt fund named 17Capital Credit Fund.

17Capital added at least 13 professionals to its teams last year, including Richard Golaszewski from Nomura in August and Beverly Berman from Thomas H Lee Partners in July.