The European private equity firm that specialises in buying financial firms such as private banks has promoted two of its senior staff to partner.

AnaCap Financial Partners, a specialist European financial services private equity firm that holds stakes in sectors such as wealth management, has promoted Michael Edwards and Amber Hilkene, to partner in their roles as chief operating officer and head of investor relations and communications, respectively.

“Expanding the partnership gives us a broader base to develop the business in a robust manner,” Joe Giannamore, co-managing partner at AnaCap, said.

In September, the firm announced it had received regulatory clearance to acquire all of FM Bank PBP, a Polish bank, and the fifth European bank in AnaCap’s portfolio. The sum paid wasn’t disclosed.

In 2009, AnaCap bought Mediterranean Bank, a Malta-based private banking group.