Teachers’ Private Capital (TPC), the private equity arm of Canadian state pension fund The Ontario Teachers’ Pension Plan, has hired former 3i executive Jo Taylor to head its London office.
As a vice president and senior representative for Europe, the Middle East and Africa, Taylor will lead a growing team of professionals responsible for sourcing, negotiating and executing investments ranging between C$100m ($98m) and C$300m ($296m).
Jane Rowe, senior vice-president at TPC, said, “With his extensive investment background and private equity experience, Jo has demonstrated a collaborative leadership style and strong deal-origination skills that will make him a powerful addition to our London team. His appointment enhances our investment capabilities and demonstrates our clear commitment to grow our European business.”
Taylor’s private equity career includes more than 20 years with London-based 3i, where he held a number of progressively senior roles and was a member of the group management and investment committees. Most recently, he has worked as an independent investor, portfolio manager and board member.
TPC’s activities include leading deals on a sole or partnered basis, investing in private equity funds in markets and sectors that it cannot efficiently access directly and co-investing with other like-minded private equity funds, the firm said.
The firm manages a portfolio valued at around $12bn, and has achieved an average annualised return of close to 20 per cent over a 20 year period.
Ontario Teachers’ Pension Plan recently led an $85m round of financing for online games publisher and developer Trion Worlds. Existing investor Bertelsmann Digital Media Investments, the venture capital arm of German media giant Bertelsmann, also participated in the round.
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