Investment manager Downing is expanding its Private Equity team with the appointment of Fei Xie as an Associate Director.

In her new role she will be responsible for originating, evaluating and executing deals as well as portfolio management as Downing continues to grow its business.

Her previous experience includes Elevation Capital Advisors and Patron Capital focusing on healthcare developments and operations. She qualified as a chartered accountant with KPMG and holds an MBA from INSEAD.

Mark Gross, Head of Private Equity at Downing, said: "Fei brings deep experience and expertise in the healthcare investment sector and will make a major contribution as we continue to expand our Private Equity team."

Fei Xie added: "Downing has built a strong presence in the healthcare sector and I am looking forward to contributing to the continued growth of the Private Equity team."

Downing partners with exceptional management teams to help realise their growth ambitions and maximise the potential of their business by providing flexible funding solutions, strategic support, and access to its networks.

Typically, Downing looks for initial investments of between £5 million and £50 million and focuses on sectors including healthcare, education, housing, and other specialist sectors.

Downing integrates analysis of sustainability factors into its investment decision-making and supports companies to achieve positive outcomes in corporate governance, natural capital and societal factors.

Find out more about the Downing Private Equity team.