US-based One Rock Capital sets foot in London

The firm hopes to further expand its presence in Europe with this step.

  • Telmo Valido appointed as a partner to co-lead the London-based team with Kurt Beyer, partner at One Rock
  • The firm has appointed Lukas Zeitlberger as a London-based principal
  • One Rock is a New York-based private equity firm

One Rock Capital Partners has opened its new office in London, a move to assist the firm’s plans to pursue European investment opportunities.

The firm has appointed Telmo Valido as a partner to co-lead the London-based team with Kurt Beyer, a partner who relocated to the London office from New York.

This development also saw Jeremy Xia, a principal from the New York office, relocate to London to support the firm’s investment activity in London.

Further, the firm has appointed Lukas Zeitlberger as a London-based principal.

“The establishment of One Rock’s presence in London is intended to bolster our European investment activity as well as oversight of our portfolio company operations across the region, and Telmo is the ideal leader for our efforts in Europe,” said One Rock managing partner Tony W Lee.

One Rock is a value-oriented, operationally focused private equity firm executing on complex buyouts and is headquartered in New York. The firm has $5 billion of cumulative capital commitments under management.

Recent European deals include its acquisition of Prefere Resins, a Germany-based pan-European manufacturer of adhesive resins and formulations, in July.