Financial Services Industry
Industry: Email Alert RSS FeedCandover hire to push into Europe.
Financial News, December, 2002
Byline: William Hutchings
John Arney, a director specialising in media, support services and chemicals industries, has left JP Morgan Partners to join Candover as the growth of pan-continental private equity firms gains momentum across Europe.Candover wants to develop a presence on the Continent. Arney, who has become a director in Candover's buy-out team, said this was a large part of the attraction of the new job.
He said: "I enjoyed my years at JP Morgan Partners, but my ambition has been to join a European thoroughbred. JP Morgan Partners is a global firm but the mother ship is New York. Candover is purely focused on Europe."
It is Candover's second hire this month. Last week it appointed Cyrille Chevrillon as the replacement for...
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