1 September 2008

 

ALLIANCE TRUST EQUITY PARTNERS EXPANDS WITH ADDITION OF PRIVATE EQUITY INVESTMENT MANAGER

 

Alliance Trust Equity Partners (ATEP), the private equity arm of Alliance Trust PLC, today announces the appointment of Layla Fear as Investment Manager.  Layla will add to ATEP’s skill set as it drives forward Alliance Trust’s commitment to UK and European private equity through funds and co-investment.

 

Layla will work as part of the team headed up by Raymond Abbott, alongside Iain Christie and John Morrison (Directors of ATEP) and Richard Hope (Investment Director).

 

Layla joins Alliance Trust Equity Partners from SL Capital Partners where she worked as Private Equity Investment Analyst with responsibilities for the origination, execution and monitoring of investment opportunities in Europe. She was also an Advisory Board Member of three European private equity funds.

 

Raymond Abbott, Head of Alliance Trust Equity Partners, said, "The addition of Layla to the ATEP team adds a wider experience of European funds and allows ATEP to increase the pace of commitment to private equity over the coming years.  Her skills complement the direct deal skills in the team and we are very pleased with her appointment. This is at a time when we believe our fund partners will be operating in a market where new investments will be at attractive valuations and provide the opportunity for superior returns for Alliance Trust.”

 

Layla Fear added “I am very excited to be joining a dynamic private equity team and I look forward to helping build a high quality Fund of Funds business.”

 

 

 

Contacts

Jane Holligan, Media Relations Manager      Anna Schirmer/Stuart Lerman/Anna Moulds

Alliance Trust                                                   Lansons Communications

Tel  +44 (0)1382 306064                                 Tel  +44 (0)20 7490 8828

Mobile  07745 783212                                     Email  alliancetrust@lansons.com

Email  jane.holligan@alliancetrust.co.uk

Web  www.alliancetrust.co.uk  

 

 

Notes to editors

  1. Alliance Trust PLC is a self-managed investment company with investment trust status.  A FTSE-100 company, it has been investing since 1888 and is the largest generalist UK investment trust by assets listed on the London Stock Exchange.

 

2. Alliance Trust Equity Partners is a fully-owned subsidiary of Alliance Trust PLC.