Lone Star fund adviser joins modular start-up
Robert Whitton’s modular regeneration company Impact Capital Group has hired Lone Star adviser Mark Anderson as chief operating officer.
Anderson (pictured) was a partner at Hudson Advisors, the investment adviser to Lone Star Funds between 2014 and 2021.
He specialised in hotels and leisure asset management for four years, and looked after one of the UK’s largest hotel portfolios for the PE firm. He was operating partner for a number of Lone Star-owned corporates from 2018 until his departure in February 2021.
Robert Whitton’s modular regeneration company Impact Capital Group has hired Lone Star adviser Mark Anderson as chief operating officer.
Anderson (pictured) was a partner at Hudson Advisors, the investment adviser to Lone Star Funds between 2014 and 2021.
He specialised in hotels and leisure asset management for four years, and looked after one of the UK’s largest hotel portfolios for the PE firm. He was operating partner for a number of Lone Star-owned corporates from 2018 until his departure in February 2021.
Prior to this he also worked at the Royal Bank of Scotland for 13 years in various roles, most recently as restructuring corporate director, leading transactions across 15 portfolio managers.
His appointment as COO comes a year after Whitton launched Impact Capital Group with £100m from Cresta Estates’ MPB Private Office.
The venture was formed before the coronavirus pandemic, aiming to create an end-to-end chain for the entire development process.
Impact Capital Group has a number of business arms including Impact Modular, following the acquisition of Lesko Modular, and Impact Developments, run by former Quintain chief Nick Shattock.
It has a pipeline of eight sites, with £1bn in development across five sites in planning and one under construction. This year it has launched flexible workspace provider Impact Working and finance platform Impact Lending.
Robert Whitton, founder and chief executive at Impact Capital Group, said: “Impact Capital Group has grown exponentially over the course of 12 months. We have developed our end-to-end lifecycle structure in ways we did not anticipate. Today, as our plans expand, it is fundamental that we have the appropriate people in place to turn our business into an efficient corporation.”
Anderson added: “As group COO, I am looking forward to leveraging my banking and private equity experience as well as my contact base to propel the company’s growth.”
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Image © Impact Capital Group
