PRINT THIS PAGE PPM Capital renames itself Silverfleet Capital06/05/2008. Source: AltAssets. 
European private equity house PPM Capital has changed its name to Silverfleet Capital, following a buy-out in November 2007 from its previous owner, Prudential. Neil MacDougall, managing partner, Silverfleet, said, 'Our independence provides additional motivation for the team to build on our success over the last 20 years. During that time we have made over 100 investments and established an excellent track record, particularly in the retail, leisure, healthcare, business and financial services sectors. We have invested in numerous companies many of which are now household names such as Barracuda, Gala, Oasis and Tetley Tea.'
Silverfleet will continue to manage approximately €700m of existing private equity investments on behalf of Prudential's UK Life Fund alongside a newly raised independent fund.
Silverfleet has offices in London, Munich, Paris and Chicago. The firm currently has 11 companies in its portfolio, including department store chain TJ Hughes, medical device steriliser Sterigenics International, management and administrative service provider TMF, dental products distributor European Dental Partners, jewellery retailer Histoire d'Or and Paramount Restaurants, which includes the Chez Gérard restaurant chain.
Copyright © 2008 AltAssets
|
