Royal Bank Private Equity (RBPE), the private equity arm of The Royal Bank of Scotland, has appointed Andy Macfie as director. He joins from Morgan Grenfell Private Equity (MGPE). With over 15 year’s private equity experience, Macfie was a founder director at MGPE for 11 years and was principally involved in mid-market MBO’s.
As part of major expansion, RBPE has recruited a total of 14 senior executives in the last year and is expected to announce the recruitment of more executives in London, Edinburgh, Paris and Germany later this year. It now has 21 investment executives in its London, Edinburgh and Birmingham offices.
Mark Nicholls is the managing director of RBPE.