Eleven Powers Glennmont Partners Growth Across European Markets

For the past decade, Eleven has partnered with Glennmont Partners, a leading clean energy fund manager, to support their ambitious growth trajectory across multiple European markets. This long-standing relationship has enabled Glennmont to overcome critical talent challenges while maximising investor returns through strategic recruitment solutions.

The Challenge

Glennmont Partners approached Eleven with a comprehensive talent acquisition challenge that required specialist energy sector expertise:

Rapid scaling of two portfolio companies across the UK, Spain, Portugal, Italy, and Netherlands
Building complete organisational structures from Managing Directors to engineers
Assembling high-performing Non-Executive Director boards
Accelerating time-to-hire metrics to maximise ROI when divesting assets from the fund
Maintaining competitive compensation packages across diverse European markets
Expanding internal investment, asset management, and ESG teams globally

The fund’s success depended on efficient team building within precise timeframes to ensure portfolio companies could reach optimal operational performance before divestment—making Eleven’s specialised recruitment expertise essential.

The Solution

Eleven established a strategic 10-year partnership to deliver end-to-end talent acquisition solutions tailored to Glennmont’s specific investment timeline requirements. Eleven’s multi-faceted approach included:

Executive Search Services: Targeted headhunting for C-suite, senior leadership, and board positions across portfolio companies and the fund itself
Detailed Market Intelligence: Comprehensive salary benchmarking and competitor analysis to ensure competitive positioning in talent acquisition
Flexible Recruitment Models: Implementation of executive search, contract, and contingent recruitment approaches depending on business requirements
Multi-Country Expertise: Specialised recruitment across five European countries, navigating different labour markets and regulatory environments
Division Build-Out Support: Strategic guidance for structuring and scaling investment, asset management, and ESG teams
Long-Term Partnership Approach: Evolving recruitment strategy to match Glennmont’s growth phases, including their expansion under the Nuveen banner

The Results

Eleven’s partnership with Glennmont Partners delivered significant value across multiple dimensions:

Successfully built complete organisational structures for two portfolio companies from inception to operational excellence
Significantly reduced time-to-hire compared to previous recruitment methods
Enabled portfolio companies to reach operational targets faster than projected timelines
Provided crucial market intelligence that informed strategic hiring decisions
Supported the fund through multiple growth phases, including international expansion
Established robust ESG teams, reinforcing Glennmont’s market position in sustainable investment
Maintained talent acquisition momentum during Glennmont’s integration with Nuveen

Key Benefits

The long-term partnership between Eleven and Glennmont Partners delivered strategic advantages beyond conventional recruitment services:

Accelerated Value Creation: Faster team building directly contributed to enhanced returns when divesting portfolio companies
Market Intelligence Edge: Competitor insights and salary benchmarking provided competitive advantage in talent acquisition
Scalable Recruitment Models: Flexible approaches allowed for adaptation to changing business requirements
Reduced Internal Resource Burden: Freed internal leadership to focus on core business activities rather than recruitment
Consistency Across Markets: Maintained quality and approach across five European countries despite varying market conditions

Client Testimonial

“Dominic has assisted Glennmont Partners in multiple capacities as we scale and grow our business and funds. Tangible insight has been provided with regards to market dynamics, including salary benchmarking, market availability and competitor growth. Dominic led the head hunting program plans and execution for us as a fund and our portfolio businesses. As an organisation we have found his market knowledge and consultative approach invaluable in the rapid growth we have recently undergone. Dominic and Eleven are our trusted partner and are already helping us shape our approach in Glennmont’s next phase of expansion under the Nuveen banner.”

— Glennmont Partners – Jordi Francesch, Managing Director, Chief Risk Officer

Need Energy Talent Solutions? Let’s Talk

Is your energy investment fund or renewable energy business struggling with the time-intensive challenge of building high-performing teams across multiple markets? Eleven, with their specialised energy sector expertise, can transform this process from a bottleneck to a competitive advantage.

For energy-focused organisations seeking to accelerate growth through strategic talent acquisition, Eleven's deep industry knowledge and proven track record within the renewable energy, clean technology, and energy investment spaces make them the partner of choice for businesses across the energy value chain.