Rutland hires former Deloitte corporate financier


Mid-market turnaround specialist Rutland Partners has hired former Deloitte corporate financier James Barrington-Wells as an investment executive.

Barrington-Wells qualified as a chartered accountant with Deloitte in 2009 and subsequently worked in their audit and corporate finance divisions for three years.

During this time he worked on a variety of buy-side and sell-side transactions in multiple sectors including consumer business, technology and manufacturing.

The appointment follows the recent recruitment of Michael Reynolds from Hawkpoint Partners in July and brings Rutland’s investing team to a total of 13 professionals.

“James is a welcome addition to the team,” said Rutland chairman Michael Langdon. “He will bring valuable transaction experience across a variety of sectors and deal types and this will benefit the team as we continue to invest Rutland Fund II.“

Rutland Fund II has sold three portfolio companies this year alone, including the sales of ATM operator NoteMachine to Corsair Capital, Breville kettle maker Pulse Home Products to Jarden Corp, and incontinence product maker Attends Healthcare to Domtar Corp.

The fund, which closed in July 2007 on £322m, had a target of £250m and held a first close at £312m in December 2006 following four months of fundraising.

Rutland Partners declined to comment on future fundraising plans

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