Electra Partners Further Strengthens Investment Team

POSTED 24 February 2014

Electra Partners today announces the appointment of Nicola Gray as Investment Manager.

Nicola joins from mid-market UK private equity firm Phoenix Equity Partners where she was an Investment Manager and involved in the Key Retirement Solutions and CloserStill transactions. Prior to joining Phoenix in 2010, she worked in the Strategy Group at PricewaterhouseCoopers where she advised on a range of commercial due diligence and corporate strategy projects for a number of private equity and corporate clients.

Nicola will work alongside Chief Investment Partner Alex Fortescue and the existing investment team to invest Electra Partners’ £450 million of dry powder (as at 30 September 2013). 

Nicola is the latest addition to the Electra Partners investment team following the appointment of Bill Priestley as Partner earlier this month and Owen Wilson as Investment Director in September 2013.

Electra Partners’ flexible investment approach allows it to invest broadly across the private equity market with a particular focus in three areas: Buyouts & Co-investments, Secondaries and Debt. In the year to 
30 September 2013, Electra Partners announced record levels of investments and realisations, investing £337 million and realising £459 million on behalf of its major client Electra Private Equity PLC.

As at 30 September 2013, Electra Partners had gross assets under management of over £1.5 billion.

Ends


For further information please contact:

For Nicola Gray: 
Andrew Honnor and Matthieu Roussellier, Greenbrook Communications  +44 (0)20 7952 2000
Andrew Kenny and Nicholas Board, Electra Partners  +44 (0)20 7306 3932

 
Note to Editors:

About Electra Partners LLP
Electra Partners is an independent private equity fund manager with over 25 years' experience in the mid-market buyout sector. During the last 25 years it has invested in excess of £4.1 billion in over 150 deals. As at 30 September 2013, the firm had funds under management of over £1.5 billion including available investment capacity of more than £450 million. 

Electra Partners’ flexible investment strategy allows it to invest broadly across the private equity market with a particular focus on Buyouts and Co-investments, Secondaries and Debt. In addition to this, its long-term capital base means it is not constrained by expiring investment periods or exit pressure driven by fund raising cycles and is therefore able to realise investments only when returns are maximised for its investors.

The firm's major client is Electra Private Equity PLC (“Electra”), a private equity investment trust which has been listed on the London Stock Exchange since 1976. Electra’s long-term investment performance has been consistently superior to private equity and other benchmarks. Over the ten years to 30 September 2013, Electra has seen diluted NAV per share growth of 279% compared to a 140% increase in the FTSE All-Share.

For further information please visit www.electrapartners.com.
 
Electra Partners LLP is authorised and regulated by the Financial Conduct Authority.