John Dickie becomes co-head of US private equity alongside Scott Reed at Aberdeen Asset Management following his promotion.
The firm also appointed Whit Matthews as senior investment manager in the US private equity team.
Dickie joined Aberdeen in 2015 as senior investment manager following the firm’s purchase of boutique Flag Capital Management, where he served as a principal focusing on middle market private equity investments. He is already a member of Aberdeen’s US investment committee.
Prior to joining Aberdeen, Dickie was a principal at Berkshire Partners, and also held analyst positions at DLJ Merchant Banking and Credit Suisse.
Matthews joins from SL Capital Partners, where he was North American investment director, focusing on both primary and secondary investments in middle market buyout funds.
Graham McDonald, head of private equity at Aberdeen, said private equity valuations are now very high, but opportunities can be found in smaller deals.
The firm’s global alternatives division currently manages assets of $32 billion (€28.4 billion).
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