Bowark promotes Salter

UK mid-market firm Bowmark Capital has promoted Mark Salter to senior partner after seven years at the firm, and has recruited Paraag Davé as an investment manager.

Salter joined Bowmark from Bank Austria in 2001, where he helped establish and develop its UK private equity activities. His investments at Bowmark include the Education and Adventure Travel Group, Kisimul and The Regard Partnership.

Davé joins from turnaround firm, Paradigm Global Partners, where he was an associate.