Australia's CHAMP PE names John Haddock CEO
CHAMP Private Equity has appointed John Haddock as its first CEO. He will assume responsibility for the Australian GP’s investment program together with day-to-day management of the firm, while continuing the deal origination and portfolio management activities he currently pursues as a managing director.
"We are very pleased with this appointment and look forward to continuing our leadership roles on the CHAMP investment committees and boards while at the same time offering John our guidance and support," said Bill Ferris and Joe Skrzynski, the firm's founding partners.
Haddock joined CHAMP in 2002, having previously covered structured debt for Westpac and worked in the M&A and equity capital markets divisions at Credit Suisse. In addition to working for CHAMP in Australia, he has spent time in New York with the PE firm's affiliate, Castle Harlan.
Haddock led CHAMP's 2006 investment with Castle Harlan in Great Western Malting, Canada Malting Company, Barret Burston Malting and Bairds Malt to create United Malt Holdings, one of the world's largest producers of malt for use in brewing and distilling. The asset was exited to Graincorp for $665 million in 2009.
He also manages CHAMP's investments in Alleasing, ATF and Accolade Wines, serving as a director of each company. Accolade, like United Malt, is one of the PE firm's cross-border investments, with bolt-on acquisitions in North America and New Zealand.
"It is indeed an exciting opportunity for me given CHAMP's outstanding reputation and success," Haddock said. "This platform is enhanced by our unique deal network, into Asia through our successfully established Singapore office, and into North America through our New York-based affiliate."
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