VCM opens in France as Finama loses mezz head

Pascal Feucher of Finama Private Equity has left the French firm to head up the new Paris office of VCM Capital Management as managing director.

VCM is Germany’s oldest fund-of-funds manager, and in the new office Feucher will be responsible for client relationships in the French and Italian markets and for co-managing VCM’s growing portfolio of mezzanine funds.

At Finama he set-up and managed the first mezzanine fund-of-funds in France. Previously he has worked for Natixis in trade and leveraged finance in Asia and France and was portfolio manager for a €300m CLO fund.