Cognetas, an independent mid-market European private equity firm that spun out from Electra Partners in 2005, has announced the appointment of David Pusinelli as a senior adviser specialis
Cognetas, an independent mid-market European private equity firm that spun out from Electra Partners in 2005, has announced the appointment of David Pusinelli as a senior adviser specialising in financial services, based in the firm’s London office.
Pusinelli (photo), who qualified as a chartered accountant with Coopers & Lybrand, was previously a main board director at Close Brothers Group, playing a key role in some 30 acquisitions and start-ups for the banking, asset management, securities and corporate finance divisions with a combined equity and debt value of around GBP1bn.
He also served on the investment committee of Close Brothers Private Equity for four years, and this year led transactions including the acquisitions of Amber Credit and Kaupthing Singer & Friedlander Premium Finance, providers of insurance premium finance, and Commercial Acceptances, a provider of property bridging finance.
‘We are delighted to have someone of David’s calibre and experience joining our firm,’ says managing partner Cognetas Nigel McConnell. ‘David brings strong experience of the sector and a wealth of contacts. He will join our London team to help spearhead our focus on financial services.’
Adds Pusinelli: ‘I am very pleased to have joined Cognetas at a time when the financial services sector offers so much opportunity in a period of unprecedented change.’
