UK lower mid-market private equity firm Key Capital Partners (KCP) has appointed former Baird Capital Partners executive Owen Trotter as its first managing partner.
Trotter, a co-founder of KCP, has been appointed managing partner as part of the firm’s strategic development plan. He will be assisted in the role by recently appointed non-executive chairman Tom Lamb, the former UK managing director of Barclays Private Equity, and fellow founder partners Peter Armitage and Mike Fell.
Before setting up KCP in 2007 he held roles at Granville Baird (now Baird Capital Partners) and the Royal Bank of Canada in Toronto. Trotter will continue as head of KCP’s Birmingham office and retain his positions on the boards of portfolio companies Templine, Midland Industrial Glass and Dwell.
Lamb said, “Creating the managing partner position provides a clearer direction for the future development and management of KCP. Owen’s experience and track record make him the perfect candidate for the role.”
In December last year KCP backed the secondary management buy-out of Midlands Industrial Glass, providing an exit for Birmingham-headquartered venture capital investor Midven, which initially invested in the company in 2005.
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