A private equity fund that was founded in 1968 has been busy taking on analysts and associates from investment banks in London. T.A. Associates isn't new to the City - it was first registered in 2012, but it seems to be expanding.
This month it's recruited Giovanni Fantini, a former Nomura analyst who left the bank after 18 months last December and had been working for Neo Investment Partners. In August it recruited Zeynep Yavuz, an analyst at BAML in New York. In July it recruited Ruben Amar, an analyst at Credit Suisse, and in June it hired Christopher Priebe, a senior analyst at BAML in London.
With the exception of Fantini, whose sector specialism is unclear, all the new recruits were working in in technology media and telecoms (TMT) teams in banks. Most of the new hires have between 12 and 18 months' banking experience.
T.A. Associates has $7bn of actively managed funds across the business services, consumer, technology and healthcare sectors. It describes itself as an, "accelerated growth fund" which invests in "profitable growth companies." T.A.'s London has 12 registered employees with the Financial Conduct Authority, most of whom joined at its inception in 2012.
As we reported last week, ZZ Capital, a Hong Kong corporate finance firm and private equity fund is also hiring junior investment bankers in London.