– SWITZERLAND, Geneva / UK, London – Waypoint Capital today announced the appointment of Cyrus Jilla to its senior leadership team and as CEO, Northill Capital.
In that capacity, he will seek to grow the underlying Northill investments and add additional managers to its portfolio while completing the integration of the Northill platform within the Waypoint group as a whole.
“While Cyrus’s initial focus will be on Northill Capital, we aim for him to have a broad remit over the long-term to help support and develop Waypoint’s other investment programmes.” said Ernesto Bertarelli, Chairman of Waypoint Capital
“Cyrus is an industry leader with a range of significant global experiences that combine to make him an ideal partner within our firm as we expand our presence in the asset management marketplace. I am confident his highly analytical and sophisticated approach to investment appraisal, capital allocation and performance management will make an immense contribution to the growth and development of Waypoint in the coming years. His appointment is another demonstration of our ability to partner with best-in-class individuals and I am delighted to welcome him as a colleague as we continue to grow our investment enterprises.” he added.
“I would also thank Gordon McNair, who stepped in last year as the interim CEO of Northill Capital, for successfully leading that business during this period. He will assist with the handover to Cyrus, and we welcome him returning to his principal role as our Group Chief Financial Officer, with a renewed focus on his significant duties there and reporting directly to me.” continued Ernesto Bertarelli.
About Cyrus Jilla
Cyrus Jilla is an accomplished operator and investor and has a highly successful track record in assessing strategic investment opportunities and building and growing investment businesses. He also has a successful history of working with family investment platforms that have a multi-generational outlook on businesses and investing.
Until recently Mr Jilla was a President at FIL (Fidelity International Limited), the parent of the global asset management business, where he had primary responsibility for FIL’s proprietary investments, reporting directly to the Chairman.
Mr. Jilla started his career at Schroders plc, later joining Bain & Company where he became Managing Partner of their London office. He later spent several years as an Executive Board Member of De Beers Group SA, at the time a family-led business.
Cyrus Jilla said: “Waypoint Capital is a dynamic and ambitious private investment firm whose entrepreneurial and innovative approach to business is compelling. I am immensely excited and privileged to join the Waypoint team at this important juncture in the firm’s development. As a first step, I look forward to working with the Northill Capital team to build on their strong achievements. With Ernesto’s vision and leadership driving the overall enterprise, and the collective energy and talents of the Waypoint teams, I am confident the firm can become an increasingly admired and successful investment platform on the world stage.”
About Waypoint Capital
Waypoint Capital is an entrepreneurial private investment firm that manages and advises funds associated with the Bertarelli family and other clients. Waypoint has two principal areas of focus: asset management, where Waypoint uses its expertise to develop interests in areas such as hedge funds, private equity, venture capital, real estate and fund of fund investments; and, healthcare and technology, building on the Bertarelli family’s long involvement in biotechnology and life sciences. With offices in Geneva, London, Jersey, Boston and Luxembourg, Waypoint operates through a number of investment partnerships such as Kedge Capital, Northill Capital, Crosstree Real Estate Partners, Gurnet Point Capital and Forestay Capital. It also manages the Bertarelli family’s ownership of two major companies in the healthcare sector, Stallergenes Greer and Affidea.
For more, visit waypointcapital.net
About Northill Capital
Northill Capital is an independent, privately-held asset management business which brings deep industry experience and the long-term application of substantial private capital to support skilled investment professionals to develop their businesses. Established in London in 2010, Northill has built a portfolio of high quality, specialist asset management businesses: Longview Partners, Strategic Investment Group, Vantage Infrastructure, Capital Four, Riverbridge Partners, Securis Investment Partners. Assets under management or advisory by these businesses in which Northill owns a majority interest totalled approximately US$90billion at December 2019. Northill Capital LLP, the main operating entity within the Northill Capital group is authorised and regulated by the Financial Conduct Authority. Mr. Jilla’s appointment as Chief Executive Officer (SMF1) for Northill Capital LLP is subject to regulatory approval by the FCA.
For more, visit northill.com
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