Term Sheet

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HgCapital loses its head of TMT investing

December 9, 2013: 2:57 PM ET

AlexKingLondon private equity investor Alex King leaving HgCapital.

FORTUNE -- Alex King has resigned as a partner with European private equity firm HgCapital, Fortune has learned. He had joined the London-based firm eight years ago, and served as head of its tech, media and telecom investment team.

His deals with HgCapital have included Iris Software Group, NetNames, Computer Software Holdings, TeamSystem, Manx Telecom and Epyx.

Prior to joining HgCapital in May 2005, he spent five years with Kennet Venture Partners.

No word yet on King's future plans, except that he has some.

An HgCapital spokesman declined to comment, while King did not respond to our email request for an interview. The firm reports £5.1 billion in assets under management.

Update: King has sent over the following statement: "All I can say is that I resigned a couple of months ago and I will be working my year's notice until October 2014."

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Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

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