Palamon turns to Catlin for CFO

Palamon Capital Partners, a pan-European buyout firm, has appointed Gary Pritchard as its new chief financial officer.

Pritchard joined from Catlin Group, a specialty insurance and reinsurance group, where he spent 12 years, most recently as chief financial officer of the UK division and head of finance operations. He started his career with PricewaterhouseCoopers.

“Gary’s first hand experience in managing financial operations for a firm like Catlin which grew explosively over the last decade will ensure that Palamon maintains strong financial control as we continue on our own fast growth trajectory,” said Michael Hoffman, chairman of Palamon Capital Partners.

London-headquartered Palamon Capital Partners manages €1.1bn of capital and invests in the mid-market in the UK, Spain, Denmark, Italy, Belgium, Sweden, France and Germany. Recent investments, such as audiovisual specialist D&D Media Group and Italian debt collection business Si Collection, have been made from Palamon’s second fund, which raised €670m last June and is currently more than 40% invested.