Thu, Apr 25, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

WestBridge brings on Barkley for investment director role

Thursday, August 29, 2019
Opalesque Industry Update - WestBridge has appointed a new Investment Director to open its new Manchester office and lead investments across the North of England.

Peter Barkley joins WestBridge from Dow Schofield Watts, where he spent four years in the lead advisory team and where he supported WestBridge with its MBO of Stockport headquartered environmental consultancy APEM in March.

Barkley will work closely with the existing team to originate and execute new investments and support existing portfolio companies, including APEM, through to exit.

Barkley said:

"In recent years, my role has been to advise investors on the merits of a deal but I've become increasingly keen to take a more active role in supporting the investee companies themselves. Joining WestBridge enables me to do just that, while also leveraging my regional knowledge and contacts.

"I advised WestBridge on the £15m MBO of APEM and have been impressed with their approach. "The senior team are all experienced investors, who demonstrate sound judgment when selecting investee companies. They have a strong reputation and have realized some excellent returns.

"Having recently closed WestBridge II at £140m, it's an exciting time to join. The business is committed to developing a lasting presence in the North and I am looking forward to leading this initiative."

WestBridge, which already has offices in London and Cardiff, typically invests between £10- £20m into established, pro?€€table and ambitious UK SMEs with enterprise values of between £15m and £40m.

Guy Davies, managing partner at WestBridge, said: "Regional markets and intermediaries are key to the success of our business. The North of England is an important market for us, which is why we now have an office in the heart of Manchester at Spinningfields.

"I'm looking forward to personally supporting Peter develop our presence in the north west, while my colleague James Wake?€€eld will provide similar senior support in the north east."

Valerie Kendall, founding partner at WestBridge, added:

"We got to know Peter when he supported us on the APEM transaction, where he impressed us with his empathy and technical skills. He is a most welcome addition to our team.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1