Cairngorm hires three investment personnel to enhance £200m Fund III deployment

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Cairngorm Capital has made three new hires to enhance fund deployment following its £200m-Fund III close last August. 

Adam Watson joined the firm from HSBC’s advisory team in London and Sydney where he was an investment manager focusing in healthcare, consumer, industrial, mining and building materials sectors.

Sheena Pattni joined the firm with over ten years’ M&A experience. She was previously investment manager at Charterhouse Capital Partners, where she managed investments in the TMT, pharmaceuticals and environmental sectors. She had also been part of the M&A team at Perella Weinberg Partners.

George Bickle joined the firm as an investment associate following roles in audit, transaction services and restructuring with PwC and a secondment in venture capital.

Andrew Steel, managing partner of Cairngorm Capital, said, We are delighted to welcome Adam, Sheena and George to our team. They bring the collaborative style and dynamism that is characteristic of our team at Cairngorm Capital. They are joining the firm at an exciting time and their skills and expertise will help us to pursue the opportunities offered by our third fund.

Cairngorm has over £400m of committed equity capital after closing fund III on its £200m hard cap last August.

The fund almost doubled its £107.5m predecessor fund.

The vehicle  has already made five investments at the time of closing, including builder merchants Grant & Stone Group, paint distributor Bromborough Paints, patient transport service provider E-zec Medical, digital wealth management platform Verso Wealth Management and biking brand Whyte Bikes.

The firm focuses in strongly-performing, private mid-market growth companies in manufacturing, distribution and services industries.

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