Managing partner of UK private equity firm Cinven, Robin Hall is to pass the leadership torch to Hugh Langmuir.
Following the appointment of Langmuir to managing partner, Hall will take on the role of executive chairman.
Hall has been with Cinven for 22 years and under his command the firm quadrupled its number of investment professionals and assets under management grew from €1bn to over €11bn. He said of his exit: “It is now the natural time to bring in a fresh perspective on our future strategy.” He will continue to be responsible for the day to day management of the firm and the investment of the current fund.
Having joined Cinven in 1991, Langmuir established and managed the firm’s Paris office from 2001-2006. Prior to Cinven, he worked at Bain & Company and Citi in London and Paris.