Greenpark Capital has continued to expand its investment team with the appointment of Eric Pathé as investment director.
He joins a team of 12 investment professionals to source and execute deals in the secondary buyout sphere, which may see as much as $30 billion in closable deal flow this year, Greenpark founder and chief executive Marlene Groen recently told sister magazine Private Equity International.
Pathé worked previously for mid-market buyout fund Langholm Capital, where he focused on European deals. Prior to this he was a senior associate at management consultancy McKinsey & Co, where he was involved in financial services and technology projects.
“The secondaries market is experiencing a major expansion and I am thrilled to have joined such a high calibre team at a time when the outlook for mid-market European secondaries is so promising,” Pathé, said in a statement.
Co-founder and operations director at Greenpark, Joanna Jordan, welcomed Pathé in a statement and said that the firm’s hiring spree was set to continue in line with its expansion. In November and December it hired ex- Doughty Hanson veteran Robert Savage and Matthew Arkinstall, a former infrastructure specialist for Australian life insurance firm MLC, as investment directors.
Greenpark, which was established in 2000 to focus specifically on secondaries, now has more than €1.3 billion under management across three funds.