International asset manager Investec Asset Management has named Peter Baird as managing principal for its Africa-oriented private equity funds.
In his new role, Baird will lead the company’s Africa private equity investment team in originating new investment opportunities, adding value to portfolio companies and eventually leading successful exits, according to a statement.
Baird joins Investec from Standard Chartered in Johannesburg, South Africa, where he was head of the company’s $900 million Africa private equity portfolio containing 11 companies. Beforehand, he held a number of senior roles in industry and at consulting company McKinsey. He is a CFA charter holder.