Palamon Capital Partners, the UK-based independent private equity partnership, has appointed John David as managing director of investment strategy within its pan-European team.

Based in London, the role of the pan-European team is to advance the firm's thematic investment model, which identifies and partners high-growth service businesses across the continent.

David joins Palamon from Allstate Investments, where he was latterly global strategist and head of the London office. Before that, he spent seven years as a senior portfolio manager at Northwestern Investment Management Company. 

Managing partner Louis Elson said David's ability to read broad macro trends and translate them into targeted investment strategies is "ideally suited" for the firm's investment model, as it looks to identify niche sub-sectors in Europe.

Palamon originates, executes and manages investments in the UK, Germany, Italy, Spain, Norway and Sweden. It manages Palamon European Equity and Palamon European Equity II, with commitments of €1.1 billion (about $1.4 billion).