In brief people news

NabCapital has made two additional appointments to its acquisition and leveraged finance team in London. Simon Rolfe has joined as an associate director from HSBC Leveraged Finance and Tim Cussins has joined as an associate from Rabobank International Leveraged Finance. Both Rolfe and Cussins will report to Joe Platt, head of acquisition and leveraged finance in the UK. Last month, NabCapital funded Alchemy Partners’ acquisition of Birmingham based, Floors-2-Go PLC. In December 2006, the team financed Palamon Capital’s purchase of Retail Decisions.

  • Close Brothers Corporate Finance has appointed Henry Wells as a new director in its leisure and retail sector group. He has been a member of the group since 2000, having advised a number of corporates in the travel sector, the most recent of which was advising ECI Partners and the other shareholders of on its disposal for £108m in cash to First Choice Holidays. He has also advised Austin Reed, Hamleys and the Early Learning Centre.
  • Linklaters has announced that Ian Bagshaw is to join the firm’s growing private equity practice, based in London. Bagshaw has more than nine years’ experience of advising on general corporate work, with particular expertise in all types of private equity transactions. He joins Linklaters from Clifford Chance. Linklaters also announced that Simon Davies has been appointed as the next firm-wide managing partner until June 30 2012. He will be based in London. Davies joined Linklaters in London in 1990 and became a partner in 1999, based in Hong Kong then Tokyo. Since 2003 he has been Asia managing partner, as well as a member of Linklaters’ executive committee. He is a specialist in corporate finance including mergers and acquisitions and securities issues. He succeeds Tony Angel, who has decided to stand down following completion of his second term as firm-wide managing partner at the end of the calendar year. There will be a transition period while Angel hands over his responsibilities to Davies, who will formally take over the role on January 1 2008.
  • Baird, an employee-owned international investment banking, private equity, wealth and asset management firm, has promoted David Silver to the position of managing director. Based in its London’s office, Silver joined Baird in Europe in 1998 and is a founding member of the European M&A group. He works with clients in the business services and industrial sectors and is responsible for the co-ordination of Baird’s coverage of the private equity community in Europe. Baird’s principal operating subsidiaries are Robert W Baird & Co in the US and Robert W Baird Group in Europe. It also has an operating subsidiary in Asia supporting its private equity operations.