Seasoned private equity executives Jeremy Hand, Simon Hitchcock, Luke Kingston, Adam Lewis and Martin Squier have launched a new private equity firm, Horizon Capital a sector-focused investor, targeting Technology and Business Service deals.
The new firm will make equity investments of between GBP10 – GBP50 million in high growth businesses with a particular focus on creating value through buy-and-build strategies.
Horizon last week closed on a new fund, Horizon 2018 – a seven-year investment vehicle which secured GBP200 million of commitments from a group of blue-chip institutional investors led by Pantheon and Idinvest Partners alongside other investors including Lombard Odier, HQ Capital and eQ Asset Management.