Bertrand Meunier joins CVC Capital Partners ("CVC") as a Managing Partner and member of the PE Board with immediate effect. He will be based in London where he will have global responsibilities including leading the newly formed global consumer goods sector and overseeing the development of the firm in France.

Bertrand Meunier was Chairman of the Partner Committee and Head of the sector teams at PAI Partners. He joined PAI in 1982 formerly part of BNP Paribas and for 11 years led investments in Information Technology and Telecommunications, before turning to the Consumer Goods, Retail and Services sector which he led for 8 years. He was involved in a significant number of major transactions for PAI including Amora-Maille, Atos, Bouygues Telecom, Chr. Hansen, Panzani, Saur, SPIE, United Biscuits, Vivarte, and Yoplait. For the past eighteen months he was Managing Partner of the private partnership M&M Capital.

Commenting on Bertrand Meunier's appointment, Rolly van Rappard, Co-Head of Global Investments, CVC, said: "Bertrand brings 30 years expertise, experience and leadership in the private equity industry to CVC and we are very much looking forward to working with him to further develop our consumer goods expertise as well as our development in France where Bertrand has excelled in the past."

Geert Duyck, Managing Partner, CVC, said: "I am delighted that Bertrand is joining CVC. He is one of the most successful investors in Europe over the past decade and brings with him an impressive track record of successful transactions as well as a significant network across the region built up over 30 years in the industry. He will be a very welcome member of the CVC team."

Bertrand Meunier said: "I have always highly respected CVC which I considered as the best and leading private equity Firm. I am impressed by the outstanding quality of the CVC team. I am pleased to be joining them. There are many opportunities to be explored in the market and I believe that this can be an exciting time for us. I look forward to working with my new colleagues."