Palatine Private Equity has appointed Zoe Clements as a partner in the London team as the firm looks to back businesses that have a focus on environmental, social and governance (ESG) principles.
Clements joins from Electra Partners where she played a leading role in its investment in Photobox Group, a digital consumer service for personalised products and gifts, and its exit of Daler-Rowney, a supplier of fine arts materials.
She spent most of her private equity career at LGV Capital where she worked on a number of deals across a range of sectors. Her board seats included ABI, Air Energi, Craegmoor, Snow + Rock and South Lakeland Parks.
Previously she was an associate director at Royal Bank of Scotland in the leveraged finance team and trained as a Chartered Accountant at PwC.
Clements will be based in the firm’s London office and will work closely with the rest of the Palatine team to target new investments that will have both a positive social and environmental impact, as well as the opportunity to generate market leading returns.
Clements says: “I am very pleased to be joining Palatine. They have a fantastic track record in the lower-mid market and I’m delighted to be joining the firm to help build on this and their market leading ESG expertise. I’ve known Gary and the rest of the team for number of years, having first worked with them when LGV invested in Air Energi in 2012. I have always been very impressed by their entrepreneurial and partner led approach. I am looking forward to contributing to Palatine’s continued success and working with leading management teams that have a clear platform for growth and the potential to demonstrate a broader contribution to the economy.”
Beth Houghton, partner at Palatine Private Equity, adds: “We are delighted that Zoe is joining the Palatine investment team. She has over 15 years’ experience in mid-market private equity and her interest in combining private equity returns with an ESG focus is aligned with Palatine’s investment philosophy.”
