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HgCapital appoints Alex King to technology team

05/09/2005Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityEuropean mid-market private equity investor HgCapital has appointed Alex King to its technology investment team as it expands its business in Germany and in the Benelux region.

King was previously a director at Kennet Venture Partners and, prior to that, a consultant with Spectrum Strategy Consultants.

Nic Humphries, head of technology investment at HgCapital, said, 'Alex brings substantial experience of both software and semiconductor markets. We have continued to invest in mid-market buy-outs in these areas throughout the technology recession and have seen the fruits of this commitment with strong returns to investors from our technology portfolio in the last year.'

HgCapital, founded in 2000 as the successor to Mercury Private Equity, invests in the consumer, healthcare, industrials, leisure, media and technology sectors. The firm has funds under management of €1.4bn.

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