Epiris announces today two people changes in line with the continued development of its investment team and long-term succession plan.
We are pleased to announce the appointment of Arvind Tewari as Investment Manager with effect from 13 June 2016. Arvind joins from NM Rothschild & Sons where he worked for six years providing strategic analysis, advice and execution across the Pharmaceutical, Consumer and Real Estate sectors. At Rothschild, Arvind advised on a number of mid-market private equity transactions including the sale of The Original Bowling Company to funds under the management of Epiris. Arvind has a degree in Molecular & Cellular Biochemistry from Oxford University.
In addition, David Symondson, Deputy Managing Partner, retired from the partnership on 31 March 2016 as part of the long-term succession plan which Epiris has been implementing since 2010. David’s 33-year career at Epiris has spanned a number of successful investments including Allflex, BOCM Pauls, Capital Safety Group, Pillar Property and Premium Credit. David will continue to be involved as Deputy Chairman of the Epiris Investment Committee as well as remaining on the board of Allflex Corporation.
For further information please contact:
Andrew Honnor and Matthieu Roussellier, Greenbrook Communications +44 (0)20 7952 2000
Andrew Kenny and Nicholas Board, Epiris
+44 (0)20 7306 3932
Note to Editors:
About Epiris LLP
Epiris is an independent private equity fund manager with over 25 years' experience in the mid-market. During the last 25 years it has invested in excess of £4.5 billion in over 200 deals. As at
30 September 2015, the firm had funds under management of over £1.8 billion including capital available for investment of nearly £350 million.
Epiris’ 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 2015, Electra has seen diluted NAV per share growth of 244%. This is seven times the NAV per share return of the Morningstar Private Equity Index (ex. Electra). It is also equivalent to a ten-year annualised return of 13%, at the upper end of Electra’s target range of 10-15% over the long-term.
For further information please visit www.electrapartners.com.
Epiris LLP is authorised and regulated by the Financial Conduct Authority.