Steven Silvester, a partner at UK mid-market private equity firm Equistone Partners, has retired after almost 20 years at the firm, according to a spokeswoman.

At Equistone, Silvester completed a series of high-profile deals including investments in high street fashion retailers Hobbs and Kurt Geiger, which were sold to buyout firms 3i Group and Graphite Capital in 2004 and 2008, respectively.