Permira recruits James Frazer

UK LBO giant Permira has appointed James Fraser as head of financial services.

Fraser will lead Permira’s global financial services team and be responsible for identifying investment opportunities in the sector. He will initially lead a team of 11 professionals based in London and Permira’s other 11 offices around the world.

Prior to joining Permira, Fraser had a 20 year career at LEK Consulting in the UK, US and Australia. Most recently as co-head of LEK’s global financial services practice, he was responsible for advising corporates and private equity firms on transactions in the financial services sector.

Fraser’s appointment is the latest in a series of recent hires in Permira including Gerrit Zalm and Dan Healy as senior advisors and John Coyle as co-head of the New York office.