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Ex-healthcare executives of buyout giant Cinven and lower-mid-market specialist 424 Capital have launched new firms.
New York City-based John Richardson, a former partner and healthcare team member at Cinven, has launched Richardson Capital Partners. His firm will “...help founders navigate potential exits, by providing straight-forward advice, value creation strategies and capital solutions,” Richardson, the CEO, writes in his LinkedIn profile.
The following Big Move! items ran in the October 11 free edition of Private Equity Career News
AustralianSuper, which at A$342 billion ($233 billion) is the country's largest retirement fund, has added six senior people to its New York City office, including a head of private credit and head of Americas that are relocating from other offices. New executives joining the office are Matthew Choi, senior investment director-private credit and most recently director of US real estate debt investments at Granite Point Mortgage; Damien Mitchell, senior investment director-real assets and previously first vice president at real estate and infrastructure investor CIM; Andrew Osborne, senior investment director-real assets and most recently head of strategy for real estate and infrastructure at the sovereign wealth fund of Saudi Arabia in Riyadh; and Maria Reed, head of fund services, Americas and previously a managing director and head of technology and transformation at money manager BlackRock. Relocating are private credit expert Mikaël Limpalaër, head of Americas; and Nick Ward, head of private credit.
A commitment to environmental protection, social progress and good governance is sweeping the planet, and private equity firms seem determined to stay in the vanguard of the ESG movement.
London-based Cinven, which has raised more than €37 billion ($43.4 billion) for acquisitions, and which has an office on Madison Avenue in New York City, has quietly brought aboard Allegra Day as its ESG director, Private Equity Career News has learned. Day (pictured) previously served as manager, climate change at impact investor CDC Group plc, according to her Linkedin profile.