ICAEW appoints Dunedin partner Giles Derry as first private equity chairman


derryThe Institute of Chartered Accountants in England and Wales (ICAEW) has appointed mid-market firm Dunedin’s partner Giles Derry as its inaugural private equity chairman.

This is the first time that someone from the private equity sector has become a chair for ICAEW.

Derry, pictured, said he was “keen to make sure we’re looking at ways to move equity funding up the growth agenda in the UK and internationally.”

Head of corporate finance at ICAEW David Petrie said, “As our first faculty chairman from private equity, Giles represents the wide network of the corporate finance faculty, which includes many principals, advisers and bankers.

“The faculty has an important role in developing effective policy with government, regulators and other professional bodies.

“Giles brings direct, practical experience of equity investing in many growing companies.”

Derry joined Dunedin in 2005 after working at Sand Aire Private Equity and has been a member of the board of ICAEW’s Corporate Finance Faculty since 2006.

ICAEW said that he completed three “strong exits” last year in addition to the £34.5m management buyout of Premier Hytemp.

Derry has led deals in various sectors including business services, industrial and financial services.

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