Sullivan Street hires new managing partner

• Bain served as managing director of Intermediate Capital Group for three years 
• Co-founders Layton Tamberlin and Richard Sanders are the other managing partners 
• London-headquartered Sullivan Street is a value-led buyout firm that invests in lower mid-market firms

Sullivan Street Partners has appointed Zeina Bain as managing partner, alongside co-founders Layton Tamberlin and Richard Sanders.

Prior to this, Bain served as managing director of Intermediate Capital Group for three years where she led structured partnership investments across the UK, Benelux, and the Nordics.

She also spent 18 years at Carlyle, most recently as managing director in European buyout.

Layton Tamberlin and Richard Sanders, co-founders of the firm, are the other managing partners.

“We have been in discussions on and off with Zeina for 13 years in the hope that this partnership would come to fruition, and for us this both represents the perfect fit, culturally, and experience-wise, to take Sullivan Street to the next level, but also, in attracting someone with such high-level experience and credibility in the industry, is a testament to what Sullivan Street has achieved over the last decade,” said Tamberlin and Sanders.

London-headquartered Sullivan Street is a value-led buyout firm that invests in lower mid-market across various sectors including industrials, consumer, healthcare, business services, facilities management, and financial services.

It invests £20 million to £50 million of equity to acquire controlling positions in UK-headquartered businesses.