Toby Mitchenall
Former ANZ and Lloyds exec Andrew Géczy, who was Citi’s global head of structured corporate finance until 2005, will step into the new-look management team.
Stéphanie Courtadon, a marketing veteran of mid-market GP Siparex and Crédit Agricole Private Equity, will run the firm’s marketing and RFP process.
An Amsterdam-based firm will open a Luxembourg office to answer client demand for ‘stable political, economic and tax climates’ in light of British political turmoil.
The Terra Firma founder described a City environment in which confidentiality agreements were treated ‘with realism’ on the second day of the resurrected EMI case.
The Terra Firma founder and chairman will give evidence in a London High Court today in the firm’s case against Citigroup.
Terra Firma returns to court today seeking damages of more than £1.5bn from former banking partner Citi.
The London-listed group grew revenues 38% last year.
Private equity investors are looking for a more hefty commitment from managers into their own funds. Some GPs have always been ahead of the game, while others are starting to realise that 1% just won’t cut it anymore.
Some managers have taken the lead by super-sizing the GP commitment to their own funds and giving fundraising efforts a significant boost.
Guy Hands’ firm has given itself the option of appealing the decision that saw it lose to Citi in December.