Palamon IR head Wilson steps down

Wilson, who joined London-based Palamon in 1999 as the firm's founding chief financial officer, has been listed as inactive since 18 October on the UK's Financial Services Register.

She remained CFO until 2005 when the CFO and investor relations roles were separated. Prior to joining Palamon, Wilson held roles at UK insurance broker Sedgwick Group and PwC. She served on the council of the British Private Equity and Venture Capital Association, but stepped down recently.

After nearly two years on the road, Palamon closed its latest fund on €210m at the end of September. The fund was significantly smaller than its €670m predecessor, which held a final close in July 2006.

The firm launched its Palamon Auxiliary Partnership 2013 fund in late 2011. However, during the protracted process the firm decided to reduce the size of the fund and offer investors an innovative co-investment option through the creation of a separate Auxiliary Fund.

The co-investment fund received commitments from more than 20 investors, including fund-of-funds Adams Street Partners, the corporate pension plan of Honeywell, AlpInvest Partners and wealth manager Quilvest.

A spokesperson for Palamon confirmed the departure. Wilson was not available for comment in time for publication.

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