Mid-market private equity firm Bowmark Capital has recruited two new members to its expanding investment team with the arrival of partner Julian Masters and investment director Tom Shelfor
Mid-market private equity firm Bowmark Capital has recruited two new members to its expanding investment team with the arrival of partner Julian Masters and investment director Tom Shelford.
Masters (photo) has more than nine years’ experience of private equity investment, most recently with European Capital, where he was a founder member and director of the UK buyout team. He began his private equity career with PricewaterhouseCoopers’ transaction services group, and subsequently became a director of Credit Suisse Private Equity/DLJ Merchant Banking.
At DLJ, he was involved in the buy-and-build strategy of UK gaming firm Gala Group and had senior roles in the acquisition of Grohe, the German sanitary-ware business, the acquisition of a stake in Italian premium eyewear group Safilo, and its subsequent IPO.
Shelford was previously an associate focusing on mid-market investments in the UK business services sector at Nomura Private Equity, having previously been a manager in corporate finance at PricewaterhouseCoopers.
He advised on transactions including the public-to-private acquisition of personnel services group SHL by HgCapital, the refinancing of environmental consultancy RSK Group, and the sale of education group Alpha Plus to Delancey.
‘We are delighted to welcome Julian and Tom, whose experience reinforces the skills of our growing investment team, and will support the investment strategy of our latest fund, Bowmark Capital Partners IV,’ says managing partner Charles Ind:
Founded in 1997, Bowmark manages and advises funds totalling some GBP700m on behalf of an investor base including public pension funds, insurance companies and banks from the UK, US and continental Europe.
The Bowmark team has supported more 50 different businesses in industries including business services, leisure, healthcare, media and IT services such as East Anglian elderly residential care provider Healthcare Homes, patient safety and risk management software firm Datix, and Latin American restaurant chain Las Iguanas.
Recent exits include educational travel services business Education and Adventure Travel, the Regard Partnership, a provider of care and residential services to people with learning disabilities, provider of drug and alcohol testing services Medscreen, and independent TV production company RDF Media.
