Downing expands Development Capital team with new appointment

By Bridging Loan Directory 16th September 2024

Investment manager Downing is expanding its Development Capital team with the appointment of Luke Stevenson as Associate Director.

Luke joins from leading pan-European healthcare private equity investor, G Square, where he focused his time on sourcing new deals and executing transactions alongside ongoing portfolio management roles to support a variety of UK and global healthcare businesses.

Prior to G Square, Luke worked in the M&A advisory team at Jefferies International and in investment banking at HSBC.

Mark Gross, Partner & Head of Development Capital, Downing, said:

“We are excited to welcome Luke as we continue to expand our team and investment activities.

We feel Luke’s investment experience, sector focus and approach to collaborative working are well matched with Downing’s investment strategy and style.”

Luke Stevenson added:

“Downing’s Development Capital team is highly-regarded, having built an attractive portfolio of investments and a strong track record of returns.

I look forward to joining the business as it continues to grow and to working alongside colleagues, prospective management teams and portfolio companies to deliver for our investors.”