Argonaut Capital Partners, which specialises in managing European equities, has appointed John Lester as head of distribution and partner.
Lester joins the firm from Hammersmith-based Neptune Investment Management, where he was head of strategic partnerships, and brings with him members of his former Neptune team: Dennis Pellerito, manager: UK strategic partners, and Andy Nickson, broker sales executive.
Lester built an investment funds distribution team focused on nationals, networks and strategic partners in the UK and overseas over the course of six and a half years with Neptune, and in 2011 took on the strategic oversight of the firm’s European sales team.
He was formerly associate director, financial institutions with HSBC Asset Management, focusing on strategic alliances with key UK and international life offices, and has held various senior sales management roles with leading South African companies, including mCubed and ABSA Investment Management Services (AIMS). Lester has more than 17 years’ experience in financial services distribution.
Barry Norris, founding partner and chief investment officer, says: “With the appointment of John, Dennis and Andy, we are equipped to build our own independent sales and marketing infrastructure. Investors will reap significant benefits from our ability to directly service the needs of our client base, and I firmly believe we will create an even more compelling proposition. With the quality of management team we have now put in place, Argonaut can look forward to the future development of the business with great confidence.”