Updated:
New World Private Equity
Stephen Altman's London-based firm executes buyouts and growth deals in UK companies with £5m–£25m revenue, having exited Shazam to Apple.
New World Private Equity
New World Private Equity operates from London as a sector-agnostic investment firm founded by Stephen Altman, a chartered accountant who spent two decades in corporate finance at BNP Paribas, PwC, and Deloitte before launching the firm. The team is staffed by accountants who previously sourced and executed private equity deals at family offices, a profile that shapes the firm's approach to structuring and management support. The firm writes checks into UK companies generating between £5 million and £25 million in revenue, covering buyouts, growth capital, management buy-ins, and management buy-outs. For larger opportunities, New World draws on co-investment partnerships to participate alongside bigger trade buyers or private equity sponsors. The portfolio spans financial services, renewable energy, e-commerce, consumer, and cybersecurity, with named holdings including AI marketing firm Jam7, cyber specialist SCRT, and property development Cribs Triangle. Exits include Shazam to Apple and SACO The Serviced Apartment Company to Oaktree Capital. Led by Altman and partners Max Weil, George Barham, and Harry Avens — each a chartered accountant with family office or investment banking backgrounds — the five-person team operates a single London office. The firm's deal-sourcing and management-enhancement model relies on a network built through the partners' advisory careers. The firm functions as a hybrid operation: a traditional private equity buyout shop overlaid with a venture-capital-style readiness to back earlier-stage companies. The partners' own family office histories and accounting pedigrees produce a transaction approach centered on designing deal structures around sellers' specific goals, rather than applying a standardized acquisition template.
General information
Firm type
Private Equity
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
London, United Kingdom
Principals
Stephen Altman
Founder / Partner
Max Weil
Partner
George Barham
Partner
Harry Avens
Partner
Carina O Brien
Office Manager / Administrative Support
Sector focus
Frequently asked questions
Who runs investment decisions at New World Private Equity?
Investment decisions are led by the partners: Stephen Altman, Max Weil, George Barham, and Harry Avens. All four are chartered accountants who previously worked in corporate finance, family offices, or specialist private equity firms. The firm does not publicly disclose a formal investment committee structure.
How does New World Private Equity source proprietary deal flow?
The firm sources deals through the partners' professional networks built during their careers at family offices, investment banks, and advisory practices. The website emphasizes the team's ability to identify management teams and design bespoke structures, suggesting an origination model driven by relationships rather than auction processes.
Does New World Private Equity participate in fund commitments or only direct deals?
The firm executes direct investments exclusively, using buyout, growth capital, management buy-in, and management buy-out structures. For larger transactions, New World forms co-investment partnerships alongside larger trade or private equity investors rather than committing capital to third-party funds.
What investment stages does New World Private Equity typically target?
The firm targets companies with more than £5 million in revenue for venture or growth capital, and companies with revenues between £5 million and £25 million for acquisitions. Its approach spans early-stage growth through mature buyout situations, with no fixed holding period — exits range from quick sales to partnerships lasting over ten years.
Which sectors does New World Private Equity explicitly avoid?
New World describes itself as sector agnostic and has completed transactions in financial services, renewable energy, product distribution, e-commerce, digital media, technology, leisure, and consumer. No explicit sector exclusions are disclosed.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: