Bowmark Capital, a mid-market private equity firm, has appointed Simon Adcock as a partner and head of portfolio management.
Adcock brings over 20 years’ experience in corporate advisory and management roles and was previously senior portfolio director at Lloyds Development Capital. Prior to that, he was a partner and regional head of corporate advisory at Deloitte.
At Bowmark, he will be responsible for managing and developing the portfolio management and value creation function, which supports the strategic and operational development of the firm’s portfolio companies.
The appointment follows the closing of Bowmark Capital Partners VI, which reached its target of GBP600 million in just 10 weeks. The new fund will continue Bowmark’s proven strategy of active investment in growth-oriented mid-market companies, typically with enterprise values of up to GBP200 million, and including technology-enabled B2B service companies and businesses with potential for both domestic and international growth.
Charles Ind, Bowmark managing partner, says: “Simon’s appointment represents an important step in the development of our value creation capability, which is a key strategic priority for the firm, and we are delighted to welcome him to the firm.”
