Siguler Guff’s head of EMEA departs – exclusive

PEI named Kawkabani as one of the 100 most influential people in private equity for the 10-year period from 2001-11.

Remy Kawkabani, head of EMEA at New York-headquartered private equity firm Siguler Guff, has left the firm, Private Equity International has learned.

Siguler Guff did not respond to a request for comment by press time and Kawkabani’s reasons for leaving remain unclear. A source with knowledge of the matter described the departure, which occurred in June, as “amicable”.

David Boal, a managing director at Siguler Guff who has reported to Kawkabani since joining in 2015, is now listed as head of EMEA on the firm’s website.

Prior to joining Siguler, Kawkabani had worked at Credit Suisse, having held several senior positions and been responsible for the origination and structuring of private equity funds. His most recent position at the Swiss firm was managing director and chief executive officer of Credit Suisse Asset Management for the EMEA region.

PEI named Kawkabani as one of the 100 most influential people in private equity for the 10-year period from 2001-11.

Part of Kawkabani’s remit at Siguler Guff was to explore an initiative that would have seen the firm committing to emerging European managers as a cornerstone investor, according to documents seen by PEI. The status of this is unclear.

Kawkabani remains an advisory board member of Milan-headquartered private equity firm Ambienta Capital, according to its website. His is also an advisory board member of London-based Volpi Capital, according to an online profile.

Multi-strategy firm Siguler Guff has over $11 billion of assets under management, according to its website. The firm currently serves over 500 institutional clients and more than 600 family office and high net worth investors.

– Alex Lynn, Toby Mitchenall and Adam Le contributed to this report.

– This article originally misstated that Kawkabani had joined Siguler Guff directly from Credit Suisse.