BC Partners Taps Ex-Honeywell Exec Ismail For Investment Role

Jan 31 2017 | 10:16pm ET

Private equity company BC Partners has appointed former Honeywell executive Alex Ismail as a managing partner and member of its senior investment team.

In his new role, Ismail will be involved in all aspects of investment origination and portfolio management across Europe and the U.S., the company said in a statement. He will work closely with the firm’s integrated operations team and sit on the firm’s investment committee, which is responsible for all investment decisions. He will be based in New York.

Ismail spent nearly 20 years with Honeywell, serving in various international leadership positions in Europe and the U.S. Most recently, he was an executive officer of Honeywell International and president and CEO of Honeywell Automation and Control Solutions, where he was responsible for more than $15 billion of annual sales and 65,000 employees globally. He also served as president and CEO of Honeywell Transportation Systems and initially worked at AlliedSignal Aerospace before its acquisition by Honeywell.

“We are delighted to have attracted a seasoned senior industry executive of Alex’s caliber to our firm,” said Raymond Svider, a managing partner and co-chairman of BC Partners, in the statement. “His extensive international industry network, investment experience, strategic thinking, and proven managerial and operational skills mean he is ideally suited to deliver real value for our investors, portfolio companies and the firm itself.”

Founded in 1986 and headquartered in London, BC Partners is an international private equity firm with more than €13 billion of assets under management. Since inception, BC Partners has completed 93 investments in companies with a total enterprise value of €115 billion. The firm is currently investing from its ninth fund with total commitments of €6.7 billion raised in 2012.


In Depth

AIMA: Smaller Firms Remain the Lifeblood of the Hedge Fund Industry

Jul 26 2017 | 5:55pm ET

It is a hedge fund industry truism that the largest managers receive the most attention...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of