Erstwhile Northern Rock Savior Joins Private Equity Firm

Apr 14 2008 | 2:00am ET

Paul Thompson, most recently in the news for bidding to keep collapsed British bank Northern Rock private, is to try his hand at private equity.

Thompson has joined Pamplona Capital Management as a partner, charged with leading the firm’s nascent British financial services investment effort. He left closed-life fund operator Resolution last year.

He also last year led a last-ditch effort, as a member of the Northern Rock board, to head off its nationalization.

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