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360 Capital’s Tony Pitt lined up for Lantern board

Tony Pitt, founder of listed property funds manager 360 Capital, and Matthew Stubbs of Allier Capital will be nominated as directors of Lantern Hotel Group, as part of a proposal to spill the board.

Sarah Thompson | Anthony Macdonald | Jake Mitchell
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Tony Pitt , founder of listed property funds manager 360 Capital, and ­Matthew Stubbs , a managing director of Allier Capital, will be nominated as directors of Lantern Hotel Group as part of a proposal to spill the board.

It’s understood Millinium Capital Managers will put forward Mr Pitt and Mr Stubbs in an effort to bring fresh blood to the company’s ­boardroom table, along with ­Ainsworth Game Technology directorGraeme ­Campbell, who has been ­nominated as the new chair.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
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    Original URL: https://www.afr.com/property/commercial/360-capital-s-tony-pitt-lined-up-for-lantern-board-20140929-jkxer