Following a milestone 2023 with several successful exits plus the final close of its largest ever fund, ECI 12, ECI has kicked off the new year with the promotion of two Investment Directors to Partner.
Daniel Bailey has been promoted to Partner. Daniel joined ECI in 2018 and his promotion reflects the exceptional contribution he’s made at ECI, including co-leading the recent investment in ISMS.online. Daniel has also led 12 acquisitions across our portfolio companies, including the strategic acquisition of Sipcom, by Content+Cloud which contributed to ECI’s 4.0x return. He has also worked closely with BCN, Peoplesafe and CSL.
Rich Pearce has also been promoted to Partner. Since joining ECI’s Commercial Team in 2019, Rich has been instrumental in several recent investments including Ciphr, BCN Group, and most recently Commify. Rich was also the Commercial Team lead on four successful exits including MiQ in 2022 which generated a 6.1x return and Tusker in 2023, generating a 6.2x return. He has also been instrumental in developing our People & Culture strategy and the resulting People Toolkit, a repository of tools and case studies that portfolio companies can use to create great places to work.
In addition to the new Partners, we’re also thrilled to announce Jin Ni Ooi’s promotion to Investment Manager. Jin’s promotion recognises her outstanding work in the Investment Team and her exceptional support on the exit of 4Ways, a leading UK and European tele-diagnostic company, which resulted in a 2.7x return in 2023.