Andrew Syvret Joins Altitude Partners to Support Fundraising and Origination Activity
Andrew Syvret has joined Altitude Partners, the regional private equity fund, from Santander Corporate Bank to be partner in charge of fundraising and deal origination.
Andrew’s business credentials are known to many in the South of England where he has undertaken senior commercial roles in professional services, banking and the private sector for almost 20 years.
Following positions at both KPMG and PwC in accountancy and corporate finance, Andrew was recruited by the Royal Bank of Scotland in 2007 to establish and lead a corporate business origination team. A period in the private sector followed as Head of the Business Development team for the Earl of March at The Goodwood Estate securing global sponsors and establishing the strategy for the fledgling sales team for the Festival of Speed, Revival, and Glorious Goodwood. Andrew subsequently moved back into the financial sector with Santander Corporate Bank where he was Divisional Head of Business Development recruiting the origination team and sitting on the Corporate Banking board for the Thames Valley and South West Division.
Andrew’s recruitment to Altitude Partners will mark a new stage in Altitude’s development, fundraising for Altitude Two LP. The second fundraising will formally commence later this year, and will offer investors a unique opportunity to invest in a regionally focused SME private equity fund.
Altitude remains committed to an investment focus that supports growth businesses based in the South of England, requiring between £1m-£4m for acquisition, growth, buyout or development capital. This follows on from the launch of Altitude One LP in 2011 which includes the successful exit from The Care Division and the recent Moortec investment.
Andrew Syvret, comments: “Altitude under Simon and Jonathan has developed an approach to private equity investment in the South that is close to my heart. It is focused, nimble and one that has an investment intimacy that supports business growth in a region that all three of us know well.”
Jonathan Simm, Partner at Altitude comments: “Andrew has joined us at an exciting time in our development. Our investment and relationship model is well proven and our regional business knowledge and location has played a significant role in ensuring we are a trusted regional partner.”
Simon White, Partner at Altitude said: “Andrew has a significant network in the region which will increase the effectiveness and reach of our fundraising and origination efforts. The next couple of years will be very exciting for our business and the regional businesses we support.”
Altitude’s second fund, Altitude Two LP, will be opening for new investors early in 2017.