CVC brings in Jenkins and Sutcliffe.

Byline: [e-mail] (Staff Writer)

CVC Capital Partners said it has appointed Robert (Bob) Jenkins and Jim Sutcliffe as Senior Advisors to CVC, with immediate effect. The private equity company said Jenkins and Sutcliffe will become members of CVC's Global Financial Institutions Advisory Board to support CVC's activities in the financial services sector.

Jenkins was previously CEO and Chairman of F&C Asset Management and prior to that spent 16 years at Citibank and five years at Credit Suisse holding senior executive positions. Since 2007, he has served as Chairman of the UK Investment Management Association and also co-chairs the Chancellor's High Level Group on the future direction of the UK's asset management industry. He is currently CEO and Managing Partner of Combinatorics Capital, a global macro hedge fund manager.

Sutcliffe has spent more than 30 years in the insurance and asset management industry, most recently as Group Chief Executive Officer of Old Mutual. At Old Mutual he built a FTSE 100 company from its South African base, organically and through acquisitions in the US, Europe and Asia, with a high performance asset management business at its core. Prior to Old Mutual, Sutcliffe was Deputy Chairman of Liberty International and has also held a number of senior posts with Prudential including Chief Executive of Prudential UK.

CVC currently has approximately $20 billion of un-invested equity capital, making the firm one of the top five sources of available private equity funds in the world.

2009 CPI Financial. All rights reserved.

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