Cinven Appoints New Co-Managing Partners to Succeed McAlpine (1)

Cinven named three co-managing partners, putting new leadership in place at the private equity firm weeks after raising $14.5 billion for its latest fund.

Bruno Schick, Jorge Quemada and Supraj Rajagopalan will be equal co-managing partners, taking over from Stuart McAlpine, who will become chairman of the firm, Cinven said in a statement, confirming a Bloomberg News report.

Rajagopalan will manage the day-to-day operations of the firm as chief executive officer and will chair the executive committee, Cinven said. Schick will have oversight over Cinven’s portfolio companies, while Quemada will chair the investment committee.

The changes ...