Carmignac has appointed a head of private equity, Edouard Boscher, to oversee and coordinate its operations within the asset class.
In recent years, Carmignac has conducted a series of private equity initiatives, in line with the view that alternatives can represent an attractive investment opportunity throughout various market cycles.
These initiatives consist of Carmignac backing newly launched private equity firms founded by experienced and successful professionals within appealing areas of the market. In 2021, the firm supported the creation of Cap10 Partners, an independent pan-European private equity firm focusing on mid-sized companies across Europe.
Carmignac has also recently entered into a strategic partnership with Clipway, a new private equity firm specialising in secondaries.
As a consequence, Carmignac has appointed a head of private equity. Edouard Boscher will ensure the partnerships are run efficiently, look for opportunities to create meaningful synergies between them and oversee any potential developments within this asset class for Carmignac.
Edouard is based in Paris and reports to Maxime Carmignac. He has significant experience in private equity, having spent more than 20 years working in the industry. He began his career with AXA IM, before joining Ardian in 2002, where he was, until recently, the managing director of the investor relations department, responsible for overseeing fundraising efforts.
Maxime Carmignac, CEO of Carmignac UK comments:
"Since 2021, we’ve been carefully building our presence in private equity with complementary long-term investments. To make sure we maximise the benefits of these partnerships and opportunities and learn from the specialists involved, we have hired Edouard Boscher, a seasoned professional with the necessary skills to lead these efforts. I look forward to working with him."