Credit Suisse is losing another senior member of its private equity fund of funds business.
Scott Hamner, a director in the bank’s Customized Fund Investment Group, is leaving the bank early next year, multiple sources told Private Equity International. While the bank would not confirm if Hamner was leaving for another job, a person with knowledge of the situation said Hamner is joining Alpinvest.
Alpinvest declined to comment.
Hamner has been involved in relationship management, deal sourcing and due diligence on both fund and direct private equity investments. Specifically, he has been “integrally” involved in the group’s buyout fund investment activities targeting lower, mid and large buyout funds globally, according to his biography that had been on Credit Suisse’s website but was down as of Friday afternoon.
Prior to his role as director in the customized fund group, Hamner worked as vice president and in-house legal counsel to the group and other private equity units within Credit Suisse Private Equity, according to the biography. He also spent time in investor relations with the team, and has had extensive interaction with limited partners.
The customized funds group has about 120 employees globally and has had some recent departures. Most notably, the group’s co-founder and co-head, Michael Arpey, left last year to join The Carlyle Group.
Earlier this year, Rafique DeCastro, a former employee in the customized funds group, joined the New York City Comptroller’s office as an investment officer. DeCastro left Credit Suisse in 2010 after spending three years with the bank, according to his LinkedIn profile.
Kelly Williams is the head of the customized fund group. Prior to Credit Suisse, Williams was executive director of Prudential’s private equity group. Other top executives on the team include chief investment officer Nadim Barakat and chief financial officer Matthew Kelly.