Lovell Minnick Partners (LMP), a private equity firm focused on investments in the global financial services industry, including related technology and business services companies, has appointed Edward Creasy and Valerie (Val) Soranno Keating to the firm’s Advisory Council.
Both Creasy and Keating currently serve as Chairs to LMP portfolio companies.
“Lovell Minnick is intensely focused on working closely with our portfolio companies and providing them with the resources that will position them for long-term, sustainable success,” says Steve Pierson, Managing Partner at Lovell Minnick Partners. “Our Advisory Council offers valuable guidance and unparalleled expertise to our portfolio company management teams as they navigate the constantly evolving business landscape.”
Edward Creasy is the Chairman of Charles Taylor, a LMP portfolio company and a provider of professional services and technology solutions to the global insurance market. Creasy represents Lovell Minnick’s first UK-based appointment to the Advisory Council. He has over 40 years of experience in the global non-life insurance industry, focused on the London international insurance marketplace and Lloyd’s of London. Creasy previously held roles as Chief Executive and Chairman of the Kiln Group, was a founder director of the Lloyd’s Franchise Board and has been a Lloyd’s regulatory committee member. Throughout his career, Creasy has held roles as an insurance broker, underwriter and manager of several businesses with expertise in business development, strategic management, investment management and M&A.
Keating is the Executive Chairwoman of Engage People, a LMP portfolio company and a technology-driven alternative payments platform servicing the global loyalty and incentive industry. Keating has over 30 years of experience across multiple industry segments including financial services, consumer, B2B and digital industries. She most recently served as the CEO of Barclaycard for six years, overseeing a global portfolio of USD60 billion in assets with over 30 million customers and 11,000 employees worldwide. Prior to Barclaycard, Keating spent 16 years at American Express where she was a member of the Global Management Committee and led multiple business units.
“Edward and Val bring years of experience in their respective fields to Lovell Minnick and intimately understand our sector focus and portfolio companies,” says Spencer Hoffman, Partner at Lovell Minnick Partners. “Edward’s background in insurance, particularly in the London marketplace, will position us well to strengthen our presence in the European market, while Val’s expertise as a global CEO will support our work in the in the payments and financial technology sectors as we seek new, favourable opportunities in these areas.”
LMP’s Advisory Council members are independent contractors that serve as advisors to Lovell Minnick as well as to the firm’s portfolio companies.