Investment Officer

Luxembourg-headquartered CVC Capital Partners, one of Europe’s biggest private equity firms, on Wednesday decided to postpone its initial public offering on the Amsterdam stock exchange, a person familiar with the decision has confirmed. The firm now is looking for a new opportunity to go public in 2024.

This week’s overview of transfers, appointments and promotions includes updates from M&G and Fidelity.

Kathy Ryan 

Kathy Ryan (photo) has been appointed as chief sustainability officer at M&G plc. She joins from Irish Life Investment Management, where she was head of responsible investment.

Luxembourg-headquartered Alter Domus, an international provider of tech-enabled fund administration, private debt, and corporate services for the alternative investment industry, has appointed Michael Janiszewski as its new Chief Operating Officer.

After a dismal third quarter, bond investors are once again turning their attention to fixed income. A survey of European and Asian fund selectors forecasts a heightened demand for this asset class in the upcoming year, particularly with expectations of sustained equity market volatility.

Representatives of the European asset management industry believe that lawmakers in Brussels need to step up their efforts to make sure that new voting rules for SMEs and scale-up companies strike a balance between the needs of investors and issuers. The proposal is also of importance to private equity firms investing in these companies.

Christine Lagarde, the president of the European Central Bank, on Thursday declined to provide forward guidance on the direction of Eurozone interest rates but said that its decision in December will be made based on updated data on inflation and on the actual economic impact of its monetary policy.

Apex Group on Thursday said it is  poised for expansion after having secured 400 million dollar in term debt, aiming to boost liquidity and further organic and inorganic growth. The firm, financially backed by a group of four venture capital firms, is known to be vying for an initial public offering some time in the coming years.

This week’s overview of transfers, appointments and promotions includes updates from Capital Group, Moonfare and the supervisory board of the European Central Bank.

Outflows from sustainable investment funds in the United States accelerated during the third quarter, likely due to a political debate that is hostile to investing sustainably, according to the latest report on global sustainable fund flows by Morningstar. 

Over the past decade, government initiatives have significantly curbed international tax evasion. However, the real impact of these measures remains a subject of debate. A new report now calls for a global minimum tax for the world’s ultra-rich.