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GMT investor relations head calls time with no new fund in sight

IR head at buyout firm, which has been on the road for three years trying to secure €350 million for its latest fund, has left

The head of investor relations at GMT Communications Partners has left the technology, media and telecoms-focused buyout firm, which has yet to raise a successor to the €342 million fund it raised a decade ago.

Bijal Patel joined Actis as a member of its investor development group in June, according to a spokesman for the emerging markets-focused private equity firm. In the newly-created role, Patel will manage all aspects of reporting and client services.

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