People moves

Industri Kapital announced seven promotions within its pan-European team. In the French team,

Dan Soudry becomes a deputy director and Remi Buttiaux is promoted to associate director. Anders Petersson and Caspan von Meibom both become associate directors in the German office. Helena Stjernholm is promoted to deputy director in the Swedish office, while Klaus de Vibe and Kristian Kemppinen become associate directors in the Danish/Norwegian and Finnish offices, respectively.

Scott Delman, a co-founder of Capital Z Investment Partners, the alternative investment sponsor, will leave the firm before the middle of next year. Delman is head of the firm’s fund-of-funds group. In a statement, he said he was leaving to dedicate his time to other pursuits. Laurence Cheng, chairman and chief executive officer, will take up Delman’s responsibilities along with other members of the firm.

Roger Holmes, the erstwhile chief executive of Marks & Spencer, rejoined his old chairman, Luc Vandevelde, at Change Capital Partners. Holmes left M&S in May with a £4.2m compensation cheque as part of the defence against Philip Green’s takeover. Since leaving, he has worked with rival private equity groups, but is thought to have opted for Change because of his relationship with Vandevelde.

Toby Boyle, head of European private equity at Henderson Global Investors, has left the firm. He joined Henderson in 2001 from Morgan Grenfell. According to sources close to the firm, no decision has been made about his successor.

It is also unclear whether his positions as head of the UK and European businesses will be filled.

GMT Communications Partners has appointed Ashley Long as partner and chief financial officer. Long joined the firm from Triton, where he was a principal and CFO. He will be responsible for fund and portfolio company reporting and monitoring at GMT, as well as transaction support and operations.

ECI Partners, the UK mid-market buyout firm, appointed Gordon McNair as an investment executive. His appointment strengthens the investment team at a time when ECI, which manages £350m of assets, is about to embark on its next round of fundraising.

He will be based in London and brings the total investment team to 14. McNair joins from Ernst & Young, where he spent six years.

BNP Paribas appointed Christian Lange to its leveraged finance team in Frankfurt. He will work on leveraged finance origination, as well as structuring and execution, and will report to Olivier Baillet, head of leveraged finance, Germany.

GE Commercial Finance has made some key hires to its CFS Europe group, which is based in London.

This is a move to expand the leveraged finance business and move into a leadership position in syndicated transactions. Adam Hewson joined as managing director of European capital markets from UBS. Neeraj Mehta, who has been with GE for eight years, moves to head up secondary markets. Ken Goldsbrough and Maurice Benisty have been hired, respectively, as managing director and senior vice president.