Investors in UK mid-market private equity firm Alchemy Partners will have to consider their support for the future of the firm in the coming weeks following the resignation of its high-profile chief executive and founder Jon Moulton yesterday.

When the terms of Moulton's severance are agreed and he leaves, allowing Dominic Slade to formally be appointed as the firm's sole managing partner, it will trigger what is known as a "key man" clause.