PAI Italy Partner Cavalieri Set to Leave Private Equity Firm (1)

The head of PAI Partners’ flagship fund in Italy is leaving the buyout firm after five years, people with knowledge of the matter said.

Simone Cavalieri, a partner in the Paris-based firm, has agreed to the terms of his exit with PAI’s management, the people said, speaking on condition of anonymity discussing a confidential matter.

Cavalieri’s departure will be effective July 1, the people said. His biography on the firm’s website lists one acquisition he has been involved in, the purchase of Italian leather manufacturer Pasubio from CVC Capital Partners in 2021.

A representative for PAI declined to ...