Friends Ivory & Sime promotes

Friends Ivory & Sime Private Equity, the mid-market private equity arm of Friends Ivory & Sime, has promoted Mark Advani, a director to become head of new investments. He is based in Birmingham. Advani has been with the firm since June 1999 and opened its Birmingham office in September 1999.

Shani Zindel has been promoted to director of new investments and is based in London. Zindel joined the firm in March 1997 and leads the investment focus on the healthcare and consumer market sectors.

Adam Holloway has been promoted to director of portfolio management. Holloway joined the firm in November 1999. Mark Turner has been promoted to portfolio director. Turner joined the firm in January this year to work with Holloway.