News & Insights

August Equity, the leading UK private equity investor focused on the lower mid-market, confirms five promotions, marking a year of significant growth following the successful close of its £350 million Fund VI at the end of 2025.    

The promotions include the addition of two new Partners to the Senior Leadership Team – our first since 2023 – broadening the Partnership ready for the Manager’s next phase of growth. More widely, the moves reflect the personal development of five key individuals who have consistently demonstrated exceptional performance and growth in their respective roles. 

The changes include -

• Long-standing Directors, Katie Ballardie and Greg Walsh promoted to Partners.  
• Celine Spencer, winner of the 2025 Education Investor of the Year award, promoted from Manager to Director. 
• Ollie Reynolds promoted from Manager to Associate Director. 
• Harry Caro promoted from Associate to Manager. 

In addition to these promotions, Daniel Venn has been appointed COO of the business, reflecting his broader responsibilities and the institutionalised nature of the platform. 

Commenting on the promotions Managing Partner, David Lonsdale, said “Each of the team promoted today have consistently demonstrated not only outstanding investment judgment, but also the integrity and ambition that help to shape our firm. We are delighted to welcome Katie and Greg to the Partnership and know that bright things are also ahead for Celine, Ollie and Harry.”