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UK Aberdeen Murray Johnstone hires Johnathan Massey to help invest new fund

UK private equity firm, Aberdeen Murray Johnstone (AMJPE), has strengthened its deal origination team with the appointment of Johnathan Massey as head of new business research. Massey joins the firm from Armstrong Craven where he served as head of business information.

At Armstong Craven Massey was responsible for the development, growth and delivery of the business information service, working for clients primarily in private equity and corporate finance.

‘Johnathan’s appointment reflects our commitment to strengthening our internal deal origination resource,’ said Gary Tipper, head of investment, England. ‘Recent changes in the deal advisory markets have highlighted the importance of generating your own deal flow. To do this effectively needs a full time commitment and I believe that the combination of Johnathan’s experience in research and the strength of contacts we have through our regional network will allow us to achieve our aims.’

‘Today’s market is certainly putting a greater emphasis on proprietary deal flow and developing relationships outside of the advisory community,’ said Massey. ‘We know the kind of businesses we are looking to invest in, and have a good track record and some great contacts, and going forward this will be complimented with a professional research infrastructure. My role will be to focus on new relationships and work with the AMJPE team around the country.’

AMJPE has recently closed its latest fund with commitments of £72m, having originally targeted £100m. European investors accounted for 67 per cent of limited partner commitments, while US investors accounted for 16 per cent. The remainder came from the Middle East.

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