UK investor SVG Capital’s management arm SVG Advisers has appointed James Witter and Sharad Rathke as directors for its marketing and corporate finance teams respectively.
Witter will work alongside SVG director Simon Lund on the development, marketing and distribution of private equity products. Rathke will have responsibility for the origination, structuring and development of products.
Witter has more than 20 years experience within the financial markets, joining SVG from Japanese bank Nomura, where he was head of UK and Ireland, Global Markets Europe. Before this, he was head of private equity capital markets at the bank. He has also held senior positions at banks Merrill Lynch International and Dresdner Kleinwort Benson.
The fund of funds said in a statement that Witter had played a leading role in setting up the SVG Diamond funds, which are a series of collateralised fund obligations set up by the firm. They are structured with investment grade bonds and equity shares.
Rathke was previously a senior director at KPMG's private equity group in London, advising UK and European firms on large buyouts, heading numerous complex financial investigations across various industries.
During his three and a half years at KPMG, Rathke helped set up the accountant’s large leveraged buy-out team. Before KPMG, Rathke worked for nine years at the UK arm of accountant Arthur Andersen, which became part of Deloitte.
The appointments follow three additions to the private equity fund selection team in September. The firm recruited Owen James to its London headquarters as well as Michael Nugent and Michael Roth to its Boston office.