Quilvest Private Equity has appointed its vice chairman Alexis Meffre to executive chairman as part of the firm’s move to a new leadership structure.
Meffre replaces Stanislas Poniatowski, a former Lazard Frères managing director, who retired last month having joined the firm in 2010.
Meffre joined Quilvest from ACG Capital earlier this year and has previously held roles at Proparco and Goldman Sachs.
Quilvest has also appointed a new executive committee which has been formed to promote integration between the business’s five business lines: direct private equity, private equity funds and co-investments, direct real estate and real estate funds, credit, and consulting.
Real Deals understands the committee will replace the role of chief executive officer. The position was held by Guy Zarzavatdjian who left the position earlier this year after a four-year hold. He remains at the firm as a senior partner with a focus on its private equity direct investments business.
Meffre is joined on the firm’s executive committee by credit specialist Benton Cummings, its co-head of global emerging opportunities private equity programManinder Saluja and its head of business development and consulting Emile Zakhia.
Investment decisions will continue to be made by the firm’s investment committees.
Outgoing chairman Poniatowski said the management changes “will help us to further build a stronger, more cohesive organisation in order to continue to deliver our exciting ambitions and plans for our investors in the years ahead.”
Quilvest’s entire platform now serves over 300 investors across six geographies. Quilvest Private equity manages around $5bn of assets.