Cinven’s roster of partners will number 22 following the hire of Thilo Sautter from Investcorp.
He will join Cinven in 2011 and will jointly lead the European firm’s activities in German-speaking markets alongside Cinven partner and Frankfurt office head Bruno Schick.
Hugh Langmuir, Cinven’s managing partner, said in a statement that Sautter’s experience will be valuable as the firm approaches “the next stage” of its investment strategy. “Europe is the largest economy in the world. We have a 30 year investment track record in this region and there remains significant potential to generate value for investors,” Langmuir said.
PEI spoke with Langmuir in-depth earlier this year to canvass his views on what the future holds for Cinven as well as the European private equity market.