Gillian Brown to step down as private equity head for British Airways Pension


British Airways Pension Investment Management’s head of private equity Gillian Brown is to step down, AltAssets has learned.

Brown, who joined in 2008, is to leave her post in October, a source said.

Brown began her private equity career in 1987 when she developed and managed the private equity portfolio at the Greater Manchester Pension Fund. In the following years she spent time with William Mercer as a senior consulting where her role included advising pension funds on private equity strategy. At Merrill Lynch Investment Managers Gillian led the European investments made by its first fund of funds before moving to Hermes Private Equity to lead the fund investing team.

In 2005 she left Hermes to set up Tandem Private Equity which subsequently became Mithras Capital Partners.

British Airways Pension Investment Management manages pension funds made up of British Airways’ and members’ payments into the schemes. It invests in the public equity markets, fixed income and alternative investments.

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