Irish private investment firm Claret Capital has appointed Dermot and Yuki Narula as managing directors to head its new private equity fund teams in its Dublin and New York offices.
Irish private investment firm Claret Capital has appointed Dermot and Yuki Narula as managing directors to head its new private equity fund teams in its Dublin and New York offices.
Hanley, who has 17 years’ experience in the North American investment banking market, was previously executive director in the mid-corporate investment banking group with JP Morgan in Toronto. Earlier he spent four years in New York as a director in Deutsche Bank’s financial sponsor investment bank group, and he has also worked for Citigroup in Canada.
Narula joins Claret from JP Morgan in New York, where he was executive director of the financial sponsors group responsible for bringing proprietary merger and acquisition transactions to the private equity community. He was previously a corporate finance analyst with the mergers and acquisitions group at Lehman Brothers in New York.
‘We are delighted to welcome Dermot and Yuki to Claret Capital where we continue to build a strong, capable and experienced team,’ says Claret chief operating officer Tom McAleese.
‘The current market environment presents an increasing range of attractive investment opportunities for our investor group. Dermot and Yuki’s experience will enable us to continue to capitalise on attractive investment opportunities brought about by market uncertainty.’
Based in Dublin and with offices in New York and Philadelphia, Claret was founded in 2005 by Dómhnal Slattery to manages the assets of a small number of ultra high net worth individuals and families as well as institutions. The firm has a global investment mandate and has carried out investments in areas including private equity, real estate and alternative capital markets.
Claret has also founded a number of ventures including JetBird, a first low-cost, on-demand private jet airline, and Blue Ocean Wireless, which offers GSM mobile telephone connectivity capability in the merchant maritime sector.
