Palamon Appoints New Vice President

Oct 5 2007 | 11:23am ET

Mid-market private equity firm Palamon Capital Partners has appointed as a vice-president Braam Verster. He was previously an associate principal in the London private equity practice of McKinsey & Co., working with private equity firms and their portfolio companies across Europe, the U.S. and Africa.

“Reflecting our growth plans, we are significantly expanding our team of investment professionals,” said Daan Knottenbelt, a partner and member of Palamon Capital Partner's operating committee. “We are very pleased to be attracting candidates of Braam's quality and are delighted to welcome him to Palamon.”

 Palamon's investment team, based in its London headquarters, comprises 12 investment professionals from eight countries and targets mid-market investment opportunities across the continent. The firm has € 1.1 billion (US$1.5 billion) in equity under management and is currently investing its second pan-European fund, Palamon European Equity II, which is nearly 40% committed.

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