UK private equity firm Permira has announced four appointments at its offices in the UK, France and Germany as it prepares for an upturn in the European buyout market.
Christian Neuss joins the firm’s Frankfurt office from HypoVereinsbank in Munich, where he worked in the bank’s leveraged finance group. Prior to that, he worked in the leveraged finance team at BHF Bank in Frankfurt.
In France, the firm has hired Jerome Louvet to join the firm’s Paris office. He previously spent three years as an investment banker at Goldman Sachs in London and Paris. His M&A experience includes the E3.5bn IPO of Vivendi Environment and the $2bn merger of Thomson Multimedia and Technicolor.
The firm has also made two appointments at its London offices. Alexandre Emery joins Permira’s after five years at McKinsey & Co. in London. He began his career at the French Ministry of Foreign Affairs in Osaka, Japan, where he worked with French companies seeking to enter the Japanese market.
Harjinder Johal also joins Permira’s investor relations team based in London after three years working on fund selection and portfolio management within the private equity team at Abbey National Treasury Services (ANTS).
Earlier this month, Permira announced the appointment of former CSFB MD Philippe Robert, who will head up the firm's French operations. It also emerged earlier this month that Martin Clarke, formerly of PPM Ventures, has joined the firm's UK retail and consumer investment team.
Permira has recently been involved in a number of major European buyouts, including the impending sale of Travelodge and Little Chef by Compass, with whom it is in discussions over a £750m deal. Permira is currently arranging debt financing for the acquisition, which is expected to close in early December. The firm is also reported to have held preliminary talks with troubled tour operator MyTravel over a possible £750m buyout.
A spokesperson declined to comment on recent reports, adding only that the firm is increasing the size of its investment team to focus on larger buyout opportunities in the European market.