CFO returns to OpCapita

A former Blackstone compliance professional is returning to the UK turnaround firm.

As part of an ongoing team expansion, OpCapita has appointed Simon Millerchip as chief financial officer and head of compliance, according to a statement from the firm.

Millerchip is returning to the UK-based turnaround firm, with which he worked as chief financial officer, compliance officer and money laundering reporting officer from 2008 to 2010.

Millerchip then spent five years with Man Capital, where he oversaw the establishment, development and ongoing operation of the firm’s private equity structures. During his tenure he spent a period as interim CFO of one of its portfolio companies.

Prior to joining OpCapita in 2008, Millerchip spent seven years at Blackstone, most recently as a vice president and compliance officer.

Millerchip will start at OpCapita shortly, and focus on developing the “infrastructure and institutional framework to support the commercial drive of the business, to ensure the delivery of sustainable shareholder returns”, according to the statement.

Over the last 12 months OpCapita’s team has grown from eight to thirteen members. In May the firm appointed Caroline Crowley to the newly-created role of director of investor relations. She will be responsible for the creation of an investor relations function as OpCapita grows its funds under management.