BC’s fundraising veteran Bott to retire – exclusive

Senior partners Laurent de Rosière and Richard Kunzer will co-head the buyout firm’s IR team after Charlie Bott's departure.

Fundraising veteran Charlie Bott, head of investor relations and managing partner at BC Partners, is to retire in September, Private Equity International has learned.

Charlie Bott

Bott, who joined the London-headquartered buyout firm in 2009, will remain in his role until after BC Partners’ annual investor conference in September, according to a source with knowledge of the matter. Senior partners Laurent de Rosière and Richard Kunzer will co-head the IR team after his departure, the source added.

BC Partners declined to comment.

Bott’s shoes will be hard to fill. The rainmaker oversaw BC’s two largest fundraises to date, amassing €6.7 billion and €7 billion for Funds IX and X respectively. The latter closed in January with capital commitments from 130 investors, including both new and existing LPs from North America, Europe, Asia and the Middle East.

Bott previously spent 22 years at Goldman Sachs, helping to establish and chair its European financial sponsors group and proving integral to the formation of several key relationships. His pedigree was further bolstered by his reputation as the first banker to be dedicated to private equity.

De Rosière and Kunzer joined BC’s IR team in 2009. The former – who previously spent four years as director at Citigroup Financial Entrepreneurs’ Group – has worked to diversify the firm’s global LP base, with particular focus on Europe, the Middle East, Central Asia and Japan.

Kunzer previously spent five years at Credit Suisse Alternative Investments as a director and a global private equity specialist. The pair helped launch the firm’s private credit platform in February last year.

BC Partners is investing its Fund X, which has completed eight deals to date. The firm has realised 77 investments since inception at an average of 2.4x gross multiple on invested capital and 37 percent gross internal rate of return across all funds.