Stanhope Capital, the global investment office, is adding significant resources in private equity to address growing client demand for further investments in this area.
Edward Clive, a Senior Director within the firm’s investment research department, has been appointed Head of Private Funds. He previously worked at Lazard and Vantage Group, and has been with Stanhope for five years. In addition, Jerome Sibony has been appointed as Head of Direct Investments.
Sibony, who has over 15 years of experience in direct private equity, joins Stanhope Capital from Neo Investment Partners where he was the Senior Principal on its EUR300 million Small/Mid Cap PE Fund which specialised in international roll-outs of consumer brands. Prior to that he was an Executive Director and Head of Investments at GE Capital’s Private Equity division in London. He also held positions at Activa Capital and Atlas Venture in Paris and London.
In addition to managing their liquid assets through Stanhope Capital, many of the firm’s clients – prominent entrepreneurs, families and institutions – seek to invest across the spectrum of private equity (venture capital, development capital and buyouts) either through funds or through direct deals. Through its network of partners and senior advisers, including a number of prominent industry figures, the firm is ideally placed to assist them in this area.
Daniel Pinto, Founding Partner and CEO of Stanhope Capital, says: “Edward Clive and Jerome Sibony are two highly experienced professionals who will take us to the next stage of our development in the fast changing private equity landscape. Both have solid track records in delivering meaningful strategic advice and investment outcomes for clients. Their combined wealth of experience will bring a unique perspective to our business as we continue to expand. The ability to offer a sophisticated private equity solution alongside conventional asset classes in order to maximise returns is unusual and few firms are equipped to do it well.” concludes Pinto.
Stanhope Capital CIO Jonathan Bell, says: "Private equity is a key asset class for clients comfortable with illiquidity and looking for long term growth. We have achieved good returns in this asset class and expanding our capability will support future performance.
“We are strong believers in the value of creating diversified multi-asset class portfolios. Given the opportunities available in private equity we are delighted to have boosted our ability to find outstanding investments in this area."
