Aaron Atwal

Aaron Atwal is an Investment Director at Epiris, a London-based private equity firm managing more than GBP 2.75 billion of capital across its institutional funds. His role encompasses originating, evaluating, and executing new investment opportunities in UK-centric businesses. He joined the Epiris investment team in 2017 and has progressed through the ranks -- promoted to Investment Manager in 2019 and to Investment Director in 2023 -- reflecting his growing contributions to the firm's deal activity.

Before joining Epiris, Aaron built a strong foundation in finance and strategy consulting. He began his career at Morgan Stanley, where he spent approximately four years, and subsequently worked at MVision, a private equity advisory firm. He then moved to Bain & Company, where he focused on commercial due diligence projects for private equity clients, developing deep expertise in evaluating investment targets. This combination of investment banking, PE advisory, and management consulting experience has shaped his approach to deal sourcing and execution.

Aaron holds a Master of Arts in Economics and Management from the University of Oxford (2010). His academic background, combined with his cross-functional professional experience, provides him with a well-rounded perspective on evaluating companies across multiple sectors and deal structures. Epiris itself has roots dating back to 1976, originally operating as the exclusive discretionary manager of Electra Private Equity PLC before rebranding as Epiris in December 2016 and raising its own institutional funds independently.

Aaron operates within Epiris's broader investment strategy, which targets control positions in UK-headquartered businesses with enterprise values between GBP 75 million and GBP 500 million. Epiris deploys between GBP 40 million and GBP 150 million of equity per investment. The firm focuses on businesses where it can drive operational improvement and strategic growth, often partnering with management teams to unlock value. The investment approach spans a range of sectors including B2B services, consumer, energy, financial services, materials and resources, healthcare, and technology. Epiris Fund III, the firm's most recent fund, closed at GBP 1.044 billion -- 27% larger than its predecessor Fund II (GBP 821 million) -- signaling strong institutional investor confidence.