Epiris further strengthens investment team

POSTED 08 October 2019

Epiris is delighted to welcome Alex Wilby as the newest member of its investment team. Alex will become an Investment Manager at the firm.

Alex joins Epiris from LDC, the private equity arm of Lloyds Banking Group, where he spent six years sourcing and executing UK mid-market transactions involving a diverse range of businesses. Prior to joining LDC, Alex worked in commercial banking at Lloyds Banking Group. Alex holds a degree in Economics from the University of Exeter.

Epiris is an independent private equity firm which invests in opportunities to transform businesses in partnership with exceptional management teams. Most recently, it completed the acquisition of IFG Group, the financial services business, in a public-to-private transaction.

Bill Priestley, Chief Investment Partner of Epiris, said:

“We are very pleased to welcome Alex to Epiris. We expect to make good use of his investment experience as we build on the great progress we have made in deploying Fund II and transforming the businesses we have backed.”

 

Epiris refers to Epiris LLP.

 

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For Epiris LLP please contact:

Greenbrook Communications

Katarina Sallerfors, Matthew Goodman, Daniel Oliver

+44 (0)20 7952 2000

epiris@greenbrookpr.com

 

About Epiris LLP

Epiris LLP is a top-decile* private equity firm which invests in opportunities to transform businesses in partnership with exceptional management teams. We target control positions in UK-headquartered businesses with an enterprise value of between £75 million and £500 million, deploying between £40 million and £150 million of equity.

Fund I

Between 2011 and 2016 Epiris invested £1 billion in buyouts and loan-to-own debt investments in respect of which it has delivered a gross IRR of 38%*. Synthetic net returns from this portfolio are in the top-decile of European private equity funds of comparable vintages.

Fund II

Epiris Fund II is an institutional private equity fund raised in 2017. Investments made by Fund II include Portals, one of the world’s leading manufacturers of “substrate” for banknotes; TI Media, the UK’s largest consumer magazine publisher; The Club Company, the UK’s largest country club operator; Bonhams, the global auction house; and Diamorph, a supplier of advanced material solutions for demanding and safety-critical applications. In August 2019 the Fund completed a recommended cash offer for IFG Group plc, a financial services holding company whose subsidiaries are James Hay, which provides pensions administration and investment platform services, and Saunderson House, an independent wealth manager and financial adviser.

For further information please visit www.epiris.co.uk.

Issued by Epiris LLP which is authorised and regulated by the Financial Conduct Authority.

*      As at 30 June 2019. Gross IRR does not reflect adjustments for investment management and administration costs. Comparator data supplied by Preqin. Past performance is no guarantee of future results.