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Former McKinsey exec Claus Benkert will lead the 13-strong European team.

Pascal Monteiro de Barros and Charlotte Woltz will maintain the firm’s international client relationships.

Harvard Management Company, which has 16.7% of its assets in private equity, is also cutting its staff headcount by half and shifting its strategy to become a generalist, rather than specialist, organisation.

While fund ownership should be shared, the management company needs to ‘build out a vision’ around one leader when starting out, Coller said.

The former managing director, who focused on public policy and ESG at the firm, previously served in the Bush administration.

After its director of PE, Greg Kulka, retired at the end of 2016, SIC hired from within to name an acting director.

Mark Giuliani has left the $113bn fund, replaced by Sohail Lalani who joins from Abu Dhabi Investment Authority.

The EY CFO and COO survey panel at PEI's CFOs and COOs Forum on Wednesday reflected an industry focus on retaining talent, especially the millennial generation. 

Axel Meyersiek joins as a senior partner and will be based in BC Partners’ Frankfurt office.

The UK mid-market firm has promoted David Torbet to its senior management committee and made three new appointments.