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Diary of a private banker: Why was Penny Lovell so cruelly left out the Sanlam PE deal?

Freddie Pooter, 18/02/2022

I am inundated by calls from pals about the surprise departure of Penny Lovell from Sanlam in the UK, following its proposed acquisition by private equity gunslingers Oaktree Capital Management.

Who knows which genius made the decision not to include the outstandingly talented Penny in the deal?

Head of the Sanlam Private Wealth arm, this alpha female has done a sterling job of bringing together and unifying the various investment management and wealth planning businesses in the UK ...


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