CVC Capital Partners ("CVC"), a leading global private equity firm, is pleased to announce the appointment of Robert ("Bob") Jenkins and Jim Sutcliffe as Senior Advisors to CVC, with immediate effect. Bob and Jim will become members of CVC’s Global Financial Institutions Advisory Board to support CVC’s activities in the financial services sector.
Bob Jenkins was previously CEO and Chairman of F&C Asset Management plc and prior to that spent sixteen years at Citibank and five years at Credit Suisse holding senior executive positions. Since 2007, Bob has served as Chairman of the UK Investment Management Association and also co-chairs the Chancellor’s High Level Group on the future direction of the UK's asset management industry. He is currently CEO and Managing Partner of Combinatorics Capital, LLC, a global macro hedge fund manager.
Jim Sutcliffe has spent more than thirty years in the insurance and asset management industry, most recently as Group Chief Executive Officer of Old Mutual Plc. At Old Mutual he built a FTSE 100 company from its South African base, organically and through acquisitions in the US, Europe and Asia, with a high performance asset management business at its core. Prior to Old Mutual, Jim was Deputy Chairman of Liberty International plc and has also held a number of senior posts with Prudential plc including Chief Executive of Prudential UK.
Jonathan Feuer, a Managing Partner at CVC and head of the Global Financial Institutions Team, said: "We are delighted to welcome both Bob and Jim to CVC. They are well respected and successful international executives and corporate leaders with distinguished careers across the financial services sector. I am confident that both will play an important role in assisting our efforts in sourcing, investing in and developing leading financial businesses."
With 19 offices throughout Europe, Asia, and the United States, CVC has an industry-leading global presence. CVC currently has approximately $20 billion of uninvested equity capital, making the firm one of the top five sources of available private equity funds in the world. CVC has significant experience in financial services investments, and its dedicated Global Financial Institutions Team focuses on investing in leading financial businesses across Europe, North America and Asia.