Siguler Guff, the $10 billion private equity firm has hired two Managing Directors to help deepen the firm’s platforms and networks in Europe, the Middle East and Africa.
Prior to joining Siguler Guff, David Boal worked at The Abraaj Group, where he led the European fundraising and client coverage team. Previously he had held senior positions at Credit Suisse Asset Management, Bank of Ireland Asset Management, J.P. Morgan and Goldman Sachs.
Florian Lahnstein was the Founder & CEO of RiverRock European Capital Partners, an investor in European SME private debt and public equity. Prior to that he had been the Co-Head of Bear Stearns European Investment Banking Division, following a period as Co-Head of German Investment Banking at UBS.
The appointments have been made to capitalize on the growing demand for private equity from institutional investors. In a statement, Remy Kawkabani, Head of EMEA said, “As institutional investors look to deploy additional capital into private equity strategies, and as dynamic GPs and other principal investors look for innovative but respected sources of capital, our expanded presence in Europe makes Siguler Guff well-positioned to build upon our GP and LP relationships and to continue to grow our business globally.”
Both Boal and Lahnstein will be based in the firm’s London office, and will report to Remy Kawkabani.