LDC bolsters Value Enhancement Group with new hire


LDC, the private equity arm of state-backed lender Lloyds Banking Group, has taken on Andrew Hampshire from its parent company as an investment director in its Value Enhancement Group.

Hampshire is a change and technology programme management specialist who brings experience in implementing programmes that have helped drive improved operational efficiencies and quality standards, which will be of benefit to LDC’s portfolio companies.

His appointment further strengthens the Value Enhancement team, which drives corporate value at LDC’s portfolio companies through cash generation, revenue growth and cost savings.

The firm claims to be one of the few private equity houses to have such a dedicated unit, which is part of its commitment to help management teams fully exploit their companies’ potential.

Hampshire is a qualified programme manager and a registered MSP (Managing Successful Programmes) Practitioner, which is an internationally recognised accreditation and a role that is increasingly in demand by global businesses.

He arrives from Lloyds Banking Group where he spent six years leading numerous change and technology programmes.

Most recently he was responsible for heading up the Data Quality function and prior to this led a programme to deliver a Chief Operating Office to the Global BSU business.

“Managing change successfully is one of the most challenging tasks companies face in such a difficult economic and business environment,” said Ken Hills, director of the Value Enhancement Group.

“Andrew’s excellent skills and proven track record in this area will be of significant benefit to our portfolio companies as we help them manage complex transitions and ensure they maximise the significant operational benefits that handling major change efficiently can deliver.

Hampshire’s appointment follows that of former IBM executive Keith Holdt, who was also hired this year as an investment director for the Value Enhancement Group.

Copyright © 2012 AltAssets