3i healthcare head to step down in new year

3i Group’s head of healthcare investment is planning to leave in the new year to pursue a new fund of his own.

According to the Financial Times, Denis Robin will leave in March to raise a healthcare fund targeting small growth companies in Europe alongside former 3i colleagues.

3i said the departure was planned and comes as it considers its next buyout fund, whereas Robin wishes to concentrate on small-cap minority investments. 

In addition to leading the firm’s healthcare team, Robin co-heads its France operations alongside Remi Carnimolla. 

News of the forthcoming departure follows the exits of UK buyout head David Whileman and Nordic head Tomas Ekman earlier this year.