JPEL Announces New Chairman

RNS Number : 6553O

JPEL Private Equity Limited

08 November 2016

 

JPEL Private Equity Limited

PO Box 60

Carinthia House

9-12 The Grange

St Peter Port

Guernsey GY1 4BF

www.jpelonline.com

JPEL ANNOUNCES NEW CHAIRMAN

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GUERNSEY, 8 NOVEMBER 2016

JPEL Private Equity Limited ("JPEL" or the "Company") is pleased to announce the appointment of Sean Hurst as Chairman of the Company with immediate effect.    

Trevor Ash, JPEL's outgoing Chairman said: "On behalf of the Board, I would like to say how pleased we are that Sean will be JPEL's new Chairman.  Sean's expertise in investment funds and alternative assets will further enhance the existing skill set of our Board."

Sean Hurst, JPEL's new Chairman said: "I am very pleased to join the Board of JPEL.  The Company has a strong reputation and I look forward to working with the Manager and the Board to continue to increase shareholder value.  I would like to take the opportunity to thank Trevor Ash for leading the Company through JPEL's three successful phases of strategic initiatives over the last three years as well as for his contribution to the Company in his role as Chairman over the last 11 years."  

Further information regarding Mr. Hurst is set forth below:  

Sean Hurst was co-founder, Director and CIO of a French regulated asset management company, Albion Asset Management, from 2005 - 2009. He is an experienced multi-jurisdictional director including roles at an AIM-listed fund and numerous offshore and UCITS hedge funds.  In addition to advising companies on launching both offshore and onshore investment funds Mr. Hurst currently has non-executive directorships at ARC Capital Holdings Ltd and the Charity & Investment Merger Arbitrage Fund.

Mr. Hurst holds an MBA in Finance from Cass Business School in London.  Mr. Hurst is a resident of France.

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About JPEL Private Equity Limited

JPEL Private Equity Limited is a Guernsey registered and incorporated, London Stock Exchange-listed, closed-ended investment company (LSE: JPEL) designed primarily to invest in the global private equity market.  The investment objective of the Company is to achieve both short and long-term capital appreciation by investing in a well-diversified portfolio of private equity fund interests and by capitalising on the inefficiencies of the secondary private equity market.  

ENQUIRIES:

FCF JPEL Management LLC

[e-mail]

Rosemary DeRise

[phone]

[e-mail] 

Samantha Ladd Sughrue

[phone]  

[e-mail]

 

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