Private equity firm AnaCap completes Novia acquisition

Novia CEO Bill Vasilieff to be replaced

Tom Ellis
clock • 2 min read
Outgoing Novia CEO BIll Vasilieff
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Outgoing Novia CEO BIll Vasilieff

Private equity firm AnaCap has completed its acquisition of adviser platform company Novia for an undisclosed fee.

On 30 June, long-time Novia CEO Bill Vasilieff will be replaced in the role by Patrick Mill. He will join the firm from Wealthtime, where he has been CEO since AnaCap acquired the firm in December 2019. Mark Winlow has been appointed chairman of the board. He has held previous non-executive director roles at Ageas and Starling Bank.  AnaCap's head of private equity and partner Peter Cartwright and managing director Robert Massey will both be appointed to Novia's board. Ken Fry, Jane Dale and Dominic Easton will all also join Novia's board from AnaCap.  Dale will chair Novia's au...

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