Sandaire Private Equity, as the new venture is called, will give clients “the opportunity to invest in unlisted companies in all areas, from growth and buyouts to funds, co-investments, direct investments and underwriting investments,” the company said in a statement Wednesday. Commenting on the decision, He Mowlem said, “We have a clear, relationship-driven strategy based on the reputation and recognition Sandaire already enjoys in the private equity market, and we are excited about the opportunity to develop a stronger offering for our clients and the market.” LGV Capital is one of the UK`s oldest and most successful private equity firms. The company specializes in assisting highly motivated management teams during buyouts and buyouts. Typically, these investments are worth between £25 million and £200 million. Michael Mowlem is a partner at Pelican. Mr. Michael Mowlem is an angel investor. He is a Venture Partner at Pelican. He was a director of Survivor Group Holdings Limited. Mr. Michael Mowlem is a member of the Board of Directors of the Snow+Rock Group.
Previously, he was Managing Director at Legal & General Ventures. He has been with LGV for more than 10 years and was Managing Director of LGV. Previously, he worked as a private equity investor at PPM Capital. Previously, he worked in corporate finance for Hambros Bank, which he joined in 1988. His experience includes significant investments in the health and services sectors. He is a member of the Investment Committee and a director of Snow+Rock and Novus Leisure. Michael holds a degree in Business and Administration from the University of Salford. The launch comes just over two weeks after Sandaire announced plans to create a new corporate finance division.
Sandaire CEO James Fleming said he sees “a growing demand from existing clients to invest in unlisted companies.” Sandaire Private Equity is led by Michael Mowlem as Managing Director. He had previously told PBI in December that about 10 percent of Sandaire`s assets under management were invested in private equity vehicles and continued to grow. Previously, Mr. Mowlem worked at LGV Capital Ltd., the private equity arm of Legal & General Group PLC, where he served as CEO. The multi-family office, which set up its own private equity unit last year, is placing more emphasis on UK and European GPs and deals due to Covid-19. Multifamily office SandAire Ltd. has created an “expanded” private equity business following the recent launch of its corporate finance unit. Mr. Mowlem comes from LGV Capital, the private equity arm of Legal & General Group plc., where he held the positions of Managing Director and Managing Director from 2013. We use cookies that are essential to operate our services. We use cookies to operate our services and to collect analytical information.
To accept or reject analytical cookies, enable JavaScript in your browser settings and reload this page. We also want to use analytical cookies to understand how you use our services and to make improvements. However, most – 27% – rely on an asset manager or financial advisor for their exposure to private equity investments. Only 9% invest through family offices, according to the BNP report. Alternative data provider Preqin estimates that private equity hedge funds will overtake hedge funds as the largest alternative asset class over the next five years, with $4.9 trillion in assets under management expected by 2023. UHNWIs are part of this movement. Earlier this month, Knight Frank`s wealth report revealed a 14% increase in UHNWI allocations to private equity in 2018. You have accepted analytical cookies.
You can change your cookie settings at any time. BNP Paribas` 2019 annual report revealed that 63% of UHNWIs surveyed preferred private equity for direct investments. London-based multi-family firm Sandaire has announced a new private equity business to serve existing and potential clients. 8 Jul 2016 LGV Capital has spun off advertising company The Liberation Group as part of its continued asset exits. The company sold the company to investment fund Caledonia Investments in a £118 million deal, leaving LGV with only one holding company, energy broker Airswift. LGV, the private equity arm of Legal and General, experienced a run-off in 2013 after winning […] We are sorry, to access it you must register for free. To see more content, sign up for our free daily newsletter. If you want to read the premium stories, you have full access to our latest news and Limited Partner magazine to become a premium subscriber.
