- Date:
- 02 September 2008
- Company:
- CVC Capital Partners
- Title:
- Marc Boughton, Managing Partner at CVC joins CVC Cordatus
Marc Boughton, Managing Partner at CVC joins CVC Cordatus
Over the past five years Marc was responsible for establishing and managing a dedicated Financing Team within CVC Capital Partners (“CVC”) to advise, manage and execute the financing aspects of CVC's transactions. Over the past three years this team has managed more than €47billion of debt issuance across 47 transactions.
In 2006 Marc, together with David Wood, set up CVC Cordatus (“Cordatus”) as an independent business. Cordatus has $2 billion assets under management and Marc will be joining David, Jonathan Bowers and Iain Parham to seek opportunities for growth.
Marc Boughton commented "Building on the success of the Cordatus platform we intend to be an active participant in the fast changing credit landscape that we believe will provide significant opportunities for the business and support for the private equity marketplace. Hugh Briggs, will assume responsibility for leading CVC's Financing Team."
David Wood, Chairman and Chief Investment Officer of Cordatus said "We welcome Marc's full time involvement and 18 years of private equity experience which will enable us to broaden our operations and focus on providing much needed liquidity to the market"
Notes to Editor
About CVC Capital Partners
CVC Capital Partners ("CVC") is a leading global private equity and investment advisory firm founded in 1981, with a network of 19 Offices and 196 employees throughout Europe, Asia and the United States. CVC is currently investing from CVC Fund IV, CVC Asia II, CVC Tandem Fund and CVC Asia III with an aggregate of $19billion in equity capital. The CVC team’s local knowledge and extensive contacts underpin a 27-year proven track record of investment success. CVC has the ability to bring an enormous amount of cross-border resource together quickly to focus on winning transactions. Today, CVC Funds own 52 companies worldwide employing approximately 387,000 people in numerous countries. Together these companies have combined annual sales of $78.7 billion.
About CVC Cordatus
In 2006, CVC formed CVC Cordatus an independent affiliate set up to focus on the European leveraged finance market. CVC Cordatus currently has in $2bn of assets under management and has a team of 10 investment professionals responsible for sourcing and evaluating opportunities across the debt tranches of the capital structure as well as arranging and distributing all classes of leveraged debt.