Other moves

Another Partner has left Henderson Private Capital on the back of Toby Boyle’s departure two months ago. Roberto Italia, head of the Milan office, is said to be leaving to join another Italian private equity firm. Boyle and Italia are understood to have left due to a disagreement with the global head of the firm, Roger Greville. According to market sources, Greville has taken a more hands-on approach since the departure of Boyle, who was head of the European business. There are no immediate plans to recruit replacements and responsibilities have been distributed within the firm. Henderson, the private equity arm of Henderson Global Investors, is in the early stages of investing its latest €400m fund, which focuses on MBOs and expansion capital in the UK, Italy and Germany.

  • The outgoing chief executive of United Business Media, Lord Clive Hollick, has become a managing director of KKR in London. He will focus on building the firm’s media portfolio and will join in April. Ned Gilhuly, who launched KKR in Europe with Todd Fisher in 1998, is returning to the US and Johannes Huth has been appointed head of the European operation. KKR has invested US$4.5bn in European companies since then and has a US$3.1bn European fund. Henry Kravis, one of the firm’s founders, said the entrance of Hollick would enable KKR to maximise the potential of its media holdings.
  • Ulrich Schumacher joined US private equity firm Francisco Partners’ London office as an operating partner. He was formerly president and CEO of Infineon Technologies, but resigned amid criticism from workers last year. He will focus on IT and semiconductor investments in Europe and Asia. He is the latest in a series of German executives to join private equity firms, as the German buyouts market is poised for strong deal-flow. Thomas Middelhoff, a former head of Bertelsmann, joined Investcorp.
  • Equinox Capital Management, the fund management arm of boutique investment bank Equinox Capital, appointed George MacRitchie to its Board. MacRitchie has 20 years of private equity investment experience with 3i, NatWest Private Equity and, more recently, nCoTec Ventures. He joined nCoTec in 2000 and was involved in managing a pan-European fund with investors such as NEC and Misys, as well as institutions such as SG and Commerzbank.
  • David Atterbury has joined HarbourVest Partner’s London office as a vice-president to focus on non-US secondary partnerships. Before joining the firm, he was director of private equity at Abbey National Treasury Services. HarbourVest is a prominent fund of funds group and one of the most active investors in the secondary market.

In a similar move, US placement agent Probitas Partners appointed Roger Pett as a director in its European team. Pett was previously at Luxembourg-based fund-of-funds Eiger Capital and spent 18 years at 3i.

  • International law firm SJ Berwin appointed Colin Miller to develop its banking and finance practice in Paris. He was most recently head of banking at Simmons & Simmons. In his previous role he advised French and European banks on the financing of acquisitions included buyouts and mezzanine and syndicated loans. He also specialises in investment services and asset management.