Asset manager Franklin Templeton Investments has appointed George Szemere as head of alternative sales for Europe, the Middle East and Africa (EMEA), effective from January.
Argos Wityu, which owned a majority stake in the business since 2017, becomes a minority stakeholder
In addition, Agroponiente bolts on Lara Castañeda and increases its stake in Vegacañada
Development comes three years after the GP invested £8m in the construction equipment business
Existing investor Bayern Kapital also takes part alongside new investor Vesalius Biocapital