Stephen Hickey joins CVC Credit Partners ("CCP") as member of the Management Committee, Partner and Chief Risk Officer. He will be based in New York where he will have global responsibilities including chairing the newly formed Global Portfolio Committee, overseeing investments and the development of the firm's business and products.

Steve joins from Goldman Sachs where he spent 20 years in various senior roles including Global Head of Leverage Finance, Co-Head of Global Loans, Member of the Firmwide Risk and Firmwide Capital Committees and Head of Loan Sales and Secondary Trading (Proprietary Investing and Flow Trading). Steve had been a partner at Goldman Sachs since 2004.

Commenting on Steve's appointment, Marc Boughton, CEO of CCP, said: "Steve brings 25 years of expertise, experience and leadership in the global credit markets to the business and we are looking forward to working with him to further develop our global franchise to support the markets and our investors."

Chris Stadler, Managing Partner of CVC Capital Partners, responsible for the U.S. Private Equity business, said: "I am delighted that Steve is joining our credit business. His senior sourcing, risk management and investing expertise in the US and Europe across products and cycles will be integral to the development of our business as we adapt to these changing markets for corporate credit. We expect the expansion of our credit business will be synergistic to our private equity business".

Steve Hickey said: "Over 30 years CVC has raised more than $44bn and managed top performing and highly respected Private Equity and Credit platforms. Going forward we will continue to provide high quality investment offerings for our investors and bespoke solutions for our client across the capital structure. I look forward to joining the team".