Dame Alison Rose takes on senior role at struggling private equity firm
- Dame Alison Rose has joined Charterhouse after leaving NatWest.
- Charterhouse is struggling to raise funds and has lost senior staff.
- The private equity sector is currently distinguishing between strong and weak firms.
In the UK, Dame Alison Rose recently transitioned to a new role as a senior partner at Charterhouse, a historic private equity firm known for managing notable brands like Saga and Card Factory. Her appointment comes after her departure as chief executive of NatWest, a position she left due to a public disagreement with Nigel Farage. Charterhouse, celebrating its 90th anniversary, is facing significant challenges in its operations, including difficulty in raising funds. The firm's latest fundraising effort struggled to meet its goals, collecting only €1.4 billion out of a targeted €2.5 billion, while additionally experiencing a notable turnover of senior staff members. The state of private equity at this moment reflects broader market apprehensions. Investors are exercising caution following a post-Covid boom, and as a result, the industry's strongest players are gradually separating from those that are struggling to adapt to new economic realities. As the focus shifts towards resilience and sustainable growth, firms that are unable to navigate the current landscape may find themselves falling further behind.