Founding partner leaves Alchemy

Alchemy Partners, a UK-based private equity firm, is to lose one of its founding partners next month.

Martin Bolland is to leave the firm in December, according to an Alchemy Partners spokesperson. His departure follows that of Eric Walters several years ago and leaves Jon Moulton as the firm’s remaining original founding partner.

Bolland worked on Alchemy Partners’ Calyx, Parkdean Holidays, QHotels and Seymour Pierce investments. He also held various positions in the Lonrho Group from 1981 to 1996 including divisional chief executive positions from 1985-1996.

Most recently, Alchemy dropped out of talks to buy recruitment group Imprint.