JPEL Private Equity Limited announced the passing of colleague, Chris Spencer. Mr. Spencer was a member of JPEL's Board since its inception in 2005 and was an integral part of the Company's history and will be dearly missed. The Board of JPEL has appointed Tim Wilson as an interim Director to fill the vacancy with immediate effect from 13 December 2022.

Further information regarding Mr. Wilson is set forth below: Tim joined the board of IQ EQ Fund Services (Guernsey) Limited in April 2019 following seven years as a Director of State Street (Guernsey) Limited- the US alternative asset fund administrator. Tim holds directorships on un-listed entities within both regulated and un-regulated Guernsey fund structures across real estate, private equity, PE Fund of Funds and Infrastructure. Tim is a Fellow of the Association of Chartered Certified Accountants and holds a BSc Honours Degree from Royal Holloway, University of London.

Tim began his career in Audit & Advisory with PricewaterhouseCoopers in 2000 and after completing his training contract, joined Kleinwort Benson as a Client Accountant in 2004, quickly becoming Channel Islands Head of Fund Accounting by 2006 where he stayed until 2012, assimilating a deep understanding of fund administration, corporate governance, accounting and financial reporting across private equity, real estate and London listed funds.