Birmingham-based Alycidon Capital has appointed Alistair Macleod as chief operating officer.
Alycidon is located in Birmingham’s Jewellery Quarter and is headed up by co-founder and managing director Mark Hodgkins.
The group focuses on long term investments working with SME businesses in engineering, plastics and advanced metallurgy techniques.
Mr Macleod returns to the Midlands after 21 years working abroad, most recently with private equity house, Asia Capital Management (ACM) in Hong Kong.
At ACM he was chief executive and group COO for the past five years at Montrose Fine Wines operating in Hong Kong, Macau and mainland China.
Prior to departing the Midlands, Mr Macleod was general manager UK Corporate Banking with Girobank in Birmingham.
Alycidon’s managing director Mark Hodgkins said: “We are delighted Alistair is joining us. He brings a wealth of experience to our operations as we continue to invest in the engineering sector.
“He is well connected in the Midlands and with an investment background, I am confident that Alistair will quickly become an asset of the Alycidon team.”
Alycidon Capital was founded three years ago and has six businesses in its portfolio: Advanced Interactive Materials Science, Cox Wokingham Plastics, Process Systems International, Promold International, GE Precision Engineering and Carbon One.
Mr Hodgkins added: “All of the businesses in which we are involved are taking advantage of a range of opportunities which we are backing vigorously. They require ever more input to ensure we take full advantage and Alistair’s presence will assist us.”
Mr Macleod said: “I am looking forward to the opportunity presented by Alycidon Capital as well as returning to Birmingham after so many years working overseas.
“I have missed the city and still have many friends and contacts here. It has certainly changed over the years and the investment and development taking place makes this a great time to be coming home.
“The companies that Alycidon support have a global client base and work across many industries from automotive to aerospace and from food production to oil and gas, so my international business expertise will be of great relevance as the company looks to capitalise on its existing and new investments.”
