08 June 2020
Kay Ashton retires from Silverfleet after a 31-year career in private equity
After 28 years, we say farewell to Kay Ashton, one of Silverfleet’s longest standing Partners, having joined the firm in 1992.
Kay has had a very successful career in private equity, starting in 1989, and boasts one of the lengthiest female contributions to the industry.
During her time at Silverfleet she has been involved in a number of successful deals, the latest being our investment in Ipes, a leading provider of fund administration and outsourcing for the European private equity industry, which we sold last year. For many years, Kay looked after Investor Relations, and more recently her role focused on the oversight of the firm’s portfolio management activities.
Kay will continue to act as a consultant to Silverfleet and as a NED at our portfolio company Sigma, a leading component supplier serving the global commercial aerospace sector.
Recently Kay has been actively involved as a mentor on the Level 20 programme, encouraging more gender diversity in the private equity industry, and hopes to continue this in addition to mentoring some of Silverfleet’s female execs.
Gareth Whiley, Managing Partner at Silverfleet comments, “Kay has been an invaluable asset to Silverfleet and our portfolio over the years. Along with the rest of the team, I would like to thank her for her hard work and extensive contribution. We wish her the very best for the future, and are delighted that she will continue to be involved with our investment in Sigma, and to act as a mentor to our female execs.”
Kay Ashton said, “It has been a pleasure to be part of the Silverfleet family for so many years, and to have had the opportunity to work closely with such a variety of portfolio companies whilst producing excellent returns for our investors. I have enjoyed contributing to the company’s evolution and growth, and look forward to hearing of its future successes.”