Silver Lake hires ex-Sony Ericsson president
Silver Lake, a private equity firm that invests primarily in technology companies, has hired a former telecommunications executive to help identify potential investments as the firm expands its list of global advisors.
Miles Flint, formerly president of Sony Ericsson Mobile Communications from 2004 to 2007, is now a senior advisor at Silver Lake.
Prior to becoming president at Sony Ericsson, Flint spent 13 years in various posts at Sony, including as president of marketing of Sony Europe.
He stepped down this past September, saying he wanted to “develop new personal and business opportunities” and would take a career break before deciding what to do next.
Dave Roux, co-chief executive of Silver Lake said: “Miles brings high-level global insight and a unique industry perspective gained through his experience at some of the world’s most prominent technology enterprises.
"We look forward to his contribution as Silver Lake continues to identify and execute attractive and compelling technology investment opportunities.”
Silver Lake has in recent years focused on middle market acquisitions as the environment for large private equity transactions has been curbed by the credit crisis.
In 2006, the firm acquired Shah Capital Partners. Last year, the two firms started a $750m middle-market fund.
The firm closed its $9.3bn fund Silver Lake Partners III in March; the fund is focused on large cap investment.
source
Miles Flint, formerly president of Sony Ericsson Mobile Communications from 2004 to 2007, is now a senior advisor at Silver Lake.
Prior to becoming president at Sony Ericsson, Flint spent 13 years in various posts at Sony, including as president of marketing of Sony Europe.
He stepped down this past September, saying he wanted to “develop new personal and business opportunities” and would take a career break before deciding what to do next.
Dave Roux, co-chief executive of Silver Lake said: “Miles brings high-level global insight and a unique industry perspective gained through his experience at some of the world’s most prominent technology enterprises.
"We look forward to his contribution as Silver Lake continues to identify and execute attractive and compelling technology investment opportunities.”
Silver Lake has in recent years focused on middle market acquisitions as the environment for large private equity transactions has been curbed by the credit crisis.
In 2006, the firm acquired Shah Capital Partners. Last year, the two firms started a $750m middle-market fund.
The firm closed its $9.3bn fund Silver Lake Partners III in March; the fund is focused on large cap investment.
source
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