London-based investment manager, Downing LLP, announces the promotion of Mark Gross to Partner for its development capital investment team with responsibility for expanding the company’s investment activities.
Mark has over 14 years’ private equity experience having worked across a range of industry sectors including healthcare, hospitality and leisure. He joined Downing as Investment Director in June 2014 working across a number of sectors including leading its healthcare and hotel investment activities. Mark was previously Associate Director at UK mid-market private equity firm, Caird Capital LLP and prior to that, performed principal investment and leveraged finance roles at Bank of Scotland.
Chris Allner, Partner and Head of Investment at Downing LLP, said:"Mark is an experienced private equity specialist having transacted and managed over £500 million of equity and debt capital, most recently completing the successful exit of a group of five care homes managed by Care Concern Group." "This year has seen significant growth for Downing, with 10 new hires across the business so far in 2018, but we are also committed to developing and rewarding the talented individuals within our existing team. We are pleased to recognise Mark’s important role in driving the business forward and as Partner his wealth of knowledge and experience will be crucial, particularly as we expand our investment activities across the healthcare sector."
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Jean Birrell, Downing LLP