Vision Capital has promoted former principal Daryl Cohen to the role of partner.
Cohen joined Vision in 2008 as an associate and was promoted to principal in 2010. He is the firm’s tenth partner and works in Vision’s London office. He was previously a member of Silver Point Capital’s European principal finance team and an associate at Hicks Muse Tate & Furst and Lion Capital.
Vision has also promoted Jonathan Guest, Konstantin Oelfke and Emil Fajersson to the role of associate.
Guest was previously an associate in the UK financial institutions group investment banking team at Nomura. Oelfke was formerly an analyst and associate at UBS where he was a member of the global industrials group investment banking team. Guest and Oelfke both joined Vision in 2011 and are based in the firm’s London office.
Fajersson has been with Vision since 2011 and was previously an associate director in the EMEA media and telecommunications investment banking team at UBS. He is based in New York.
In June, Vision lost managing partner Matthew Constantino, who left the firm after two years as the head of its New York office.
Vision has made four direct secondary investments in 2012, according to its website, three of which came through the firm’s investment investment Willis Stein & Partners Fund III. Vision is investing Vision Capital Partners VII, which closed in 2009 on €680 million, almost twice the size of its 2006 predecessor.
The firm specialises in buying portfolios of companies from conglomerates, financial institutions and private equity firms.