Connection Capital, the specialist private client alternative investment business, has appointed Michael Mowlem as Chief Investment Officer to head up its direct private equity and wider alternative investments offering against a backdrop of increasing demand by private investors.
- Appointment supports growth plans as investors show resilient appetite for alternative investments
- Senior hire will bolster team by bringing over 25 years of private equity experience
Michael has worked in the private equity industry for more than 25 years and was previously CEO/Managing Director of LGV Capital, the mid-market private equity investment arm of Legal & General Group plc. Other roles include Head of Private Equity at Sandaire, the multi-family office wealth management business and more recently as a Direct Equity consultant to Aviva Capital Partners, along with a range of NED and Board positions. He commenced his career in M&A with Hambros Bank, spending nine years there.
In his new role as Chief Investment Officer at Connection Capital, Michael will be responsible for setting and overseeing product strategy across the firm’s direct investment, co-investment and alternative funds product lines.
Claire Madden, Founder and Managing Partner, said: “We are delighted with Michael’s appointment. He brings a wealth of relevant experience to our business, which will be invaluable as we target continued growth. We are currently seeing record levels of new clients joining our platform, eager to diversify their portfolios through access to private equity and other alternative investments. Despite a slowdown in H2 2022, fundraising has regained momentum in 2023 and we expect this to continue apace as macro conditions become more positive.”
Michael said: “Connection Capital has a clear mission: to provide individual investors with access to private equity and other alternative investment opportunities, which are usually only available to institutional investors. As a long-standing client of the firm, I have been impressed by the quality and breadth of investments sourced and managed by the team and was delighted when the opportunity arose to join the firm as Chief Investment Officer to help build on this track record as it continues to grow.”
About Connection Capital
Connection Capital LLP is a specialist syndicator of investment funds from private professional investors into direct private equity, private debt and commercial property deals, as well as alternative asset funds. It currently has some £480 million under management across a diverse portfolio. Connection Capital provides a specialist managed service to help professional clients build up their own alternative asset portfolios. Private investors self-select which opportunities they want to take a stake in. Opportunities are identified and negotiated by Connection Capital, which also carries out all due diligence and manages the investment from completion through to exit, on its clients’ behalf. Connection Capital is authorised and regulated by the Financial Conduct Authority.