Lately, the European financial sector has been seen as an area that is fast paced and constantly evolving. In a fast paced environment such as this, firms need to be aggressive in order to take advantage of the industry. Private equity firm AnaCap Financial Partners is an example of the type of firm that has capitalized on the investment opportunities that exist within the European financial services sector. Established in 2005, AnaCap is a firm with a great deal of knowledge and expertise in the European market. Over the course of the past 9 years, the company has become well known for this expertise, and as a result, has attracted high calibre investors, some of which include Goldman Sachs, Honeywell, State of New Jersey and Allianz.
The company has experienced ongoing growth as it continues to find new investment opportunities. For example, the funds advised by AnaCap recently purchased a portfolio of non-performing loans from the large Italian bank Unicredit. The portfolio was worth approximately €700m. This came at a time when many Italian banks have been looking to get rid of risky loans in the midst of a two year recession.
AnaCap’s portfolio companies have also experienced a great deal of growth, which reflects positively on the private equity firm. Aldermore, for example, has seen rapid growth and has been considered one of the few small banks to emerge as a rival to larger banks. The small lending bank looks to publicly list on the London Stock Exchange soon.
Because of the growth that the company has seen over the past 9 years, it is always looking to add new talent to its team. Although AnaCap jobs are not explicitly advertised on the firm’s website, the firm is always open to receiving CV’s of potential candidates. The company prides itself on its knowledgeable and experienced team of staff, with their partners averaging 20 years of experience in the financial industry as high level executives or owners of businesses in the sector. Therefore, when the firm looks for new talent, it is especially interested in individuals who have experience in the European financial services sector as well as knowledge of various European languages. By acquiring new talent, the company hopes to continue to progress as a leading private equity firm in the European sector.