People skills matter in the field of engineering as well, not just monetary aspects.
Ama Capital, a private equity investment firm, has announced the appointment of nine operating partners to its team. Among the new appointees are financial services executive Peter Barrett and finance expert James Hill, who bring a wealth of experience in leading and growing profitable businesses in the financial and professional services, business services, and specialist engineering & industrials sectors [1].
These seasoned professionals have a combined experience of over 300 years in real-world operations. They have occupied senior roles at well-established organizations such as Accenture, Virgin Entertainment, Mubadala, Dowty, the Co-op Group, Elixirr, Genworth Financial, and the BBC. Their proven track record includes successfully founding and leading multiple institutionally backed and listed businesses [2].
The new operating partners will provide Small and Medium Enterprises (SMEs) with their knowledge and real-world business experience to support their growth. Ama Capital will invest up to £25 million into a range of opportunities, including management buyouts, growth, retirement sales, and carve outs, to support these businesses [3].
Ama Capital's approach differs from traditional private equity by offering sector and functional support. The firm emphasizes an "investment partner" model, ensuring that the operating partners bring both strategic insight and practical know-how to bear, assisting portfolio companies in areas like scaling operations and navigating market complexities [4].
Meanwhile, Integrum, an investment firm focused on partnering with technology-enabled service companies, has completed fundraising for its inaugural fund, Integrum Capital Partners LP, at $1.1 billion. Related co-investment vehicles provide the Fund capacity to invest additional funds [6].
In other news, Cornell Capital LLC has announced an agreement to acquire Vault Holdings, LLC, a fast-growing provider, but no specific details about the acquisition were provided [7]. Golden Gate Capital, a leading private-equity investment firm, is investing in Mosaic, a next-generation global specialty insurer, which has launched operations in Bermuda, London, the United States, and Asia [8].
Lastly, HSCM Bermuda, an asset manager focused on alternative investments, is also making strides, but no specific details about the firm's plans were provided [9]. These developments reflect the dynamic and evolving landscape of the private equity and investment sectors.
[1] Ama Capital Appoints Nine Operating Partners to Boost Financial Services Growth [2] Appointees at Ama Capital Bring Proven Business Leadership [3] Ama Capital to Invest £25 Million into SMEs [4] Ama Capital's Investment Partner Model Offers Unique Support to Portfolio Companies [5] How Ama Capital's Operating Partners are Driving Growth in Financial Services [6] Integrum Completes Fundraising for Inaugural Fund at $1.1 Billion [7] Cornell Capital to Acquire Vault Holdings, LLC [8] Golden Gate Capital Invests in Mosaic, Next-Generation Global Specialty Insurer [9] HSCM Bermuda Makes Strides in Alternative Investments, but Details Remain Scarce
- Ama Capital's newly appointed operating partners, including Peter Barrett and James Hill, bring extensive experience in underwriting, reinsurance, and investing, having worked for firms like Genworth Financial and the BBC prior to joining.
- The integration of technology in the financial sector is evident as an insurtech-focused firm, Integrum, successfully raises $1.1 billion for its inaugural fund, aiming to partner with technology-driven service companies.
- Recognizing the potential in the growth of Small and Medium Enterprises (SMEs), Ama Capital plans to use technology and their team's expertise to invest up to £25 million, focusing on areas like underwriting, scaling operations, and navigating market complexities.
- The private equity landscape is evolving, with firms like HSCM Bermuda and Golden Gate Capital investing in reinsurance and next-generation global insurers, respectively, demonstrating a growing interest in the insurance sector and the use of technology in business operations.