Investment house EC Pohl & Co has announced the acquisition of Pinnacle Private Equity, the latest investment venture of former Hyperion Asset Management managing director Dr Manny Pohl.
Since departing in Hyperion in March, Pohl has been focused on offering portfolio management to high net worth individuals through his private equity business.
"We believe that there has been a gap in the private equity market at the mid-market level and we're keen to fill it," he said.
Joining Pohl as managing partners in the new venture are former Pinnacle Private Equity joint managing directors Bill Cook and Peter Ludemann, both of whom are also former members of AMP Capital Investors' private equity team.
Pohl will also assume the role of chair of the investment committee and will be joined by former Hyperion director Murray d'Almeida.
