Date:
01 September, 2008
Company:
CVC
Title:
CVC Establishes a Global Financial Institutions Sector Team

CVC Establishes a Global Financial Institutions Sector Team

We are delighted to announce the establishment of CVC’s Global Financial Institutions Sector Team, effective 1 September 2008. Jonathan Feuer, a Managing Partner at CVC, will lead the team. Jonathan has been with CVC for more than 20 years and has a wealth of Private Equity experience. He will be joined by Peter Rutland, who has significant experience in the sector.

Jonathan will be building this Financial Institutions Sector Team with direct reports in Europe, the US and Asia, Whilst having a sector focus, they will be very much embedded into CVC’s existing network and culture, working alongside the country investment teams, adding their expertise to deal generation and execution and contributing to the overall success of CVC Funds.

This initiative demonstrates CVC’s continued ambition to be a leading investor in all important industry sectors and we believe that there are significant investment opportunities in this sector.

Rob Lucas, Managing Partner will take full responsibility of the UK team effective 1 September 2008.

About CVC Capital Partners

CVC Capital Partners ("CVC") is a leading global private equity and investment advisory firm founded in 1981, with a network of 19 Offices and 196 employees throughout Europe, Asia and the United States. CVC is currently investing from CVC Fund IV, CVC Asia II, CVC Tandem Fund and CVC Asia III with an aggregate of $19billion in equity capital. The CVC team’s local knowledge and extensive contacts underpin a 27-year proven track record of investment success. CVC has the ability to bring an enormous amount of cross-border resource together quickly to focus on winning transactions. Today, CVC Funds own 52 companies worldwide employing approximately 387,000 people in numerous countries. Together these companies have combined annual sales of $78.7 billion.

CVC has completed a number of financial services transactions including Acromas Holdings (the merger of Saga and the AA) , Fraikin, IG Group and Collins Stewart.