Permira replaces France chief, bolsters team

Benoit Vauchy will head the Paris office, which has hired ex-Candover executive Simon Marc and recruited as an advisor the head of Financière Agache Private Equity, Jean-Marc Espalioux.

Permira’s Paris office has bolstered its team and appointed Benoit Vauchy to lead its activities in France.

Vauchy, who joined Permira from JPMorgan in 2006, replaces Philippe Robert, who will leave at year’s end to “pursue other interests”, Permira said in a statement.

Robert has led the Paris office since December 2002, when he joined from Credit Suisse First Boston. At the time, Permira's Paris office had seven investment professionals, including Robert Van Goethem, who left in 2005 to lead 3i's Benelux activities.

Permira now has three Paris-based professionals, having recently hired former Candover and Apax executive Simon Marc as a principal. The Paris team is rounded out by Alexandre Margoline, who focuses on the telecommunications, media and technology sectors.

It has also recently recruited Jean-Marc Espalioux as a senior advisor. Espalioux is currently the chairman and chief executive of Financière Agache Private Equity.