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GLOBAL - Advent International promotes 18

  • nicola
  • 14 January 2009
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Advent International has promoted 18 members of its global investment team.

The London office made four promotions. Fred Wakemanm, head of the firm's TMT sector team, has been promoted to managing partner. He joined Advent in 1998 from GE Capital where he specialisted in later-stage growth capital investments. Nick Rose, who joined the firm in 2005 as a member of the financial services team, has been promoted to director. Johanna Reinke has become assistant director, having joined Advent's Limited Partners Services Group in 2007 after working for Deutsche Bank in London and Frankfurt. Thomas Weisman, of the TMT sector team, is now assistant director. He moved to Advent in 2006 from UBS Financial Sponsors Leveraged Finance Group in New York.

In Frankfurt, Ronald Ayles and Ranjan Sen have both been promoted to managing director. Ayles worked at 3i for four years before joining Advent in 2005 and leads the chemicals and materials sector team. Sen is in his 6th year with Advent and joined from DB Capital, UBS Capital and Dresdner Kleinwort Benson.

In Milan, three members of staff have been promoted. Filippo de Vecchi is now managing director, having moved to the Milan office in 2003 following three years with Advent's Latin American team in Brazil. Roberto Torrini has been made director. He joined Advent in 2005 from McKinsey & Company, where he worked for the telecoms and financial services practices. Francesco Casiaghi has been promoted to assistant director. He joined from Merrill Lynch Investment Banking in 2007.

In Paris, Advent has made one promotion, with Damien Lestrang being appointed director. He joined the firm in 2003 from BNP Paribas where he was involved in the arrangement and underwriting of LBO transactions.

Another promotion has been made in Prague and two in Warswaw. In Prague, Milan Kulich is now assistant director. He has been with the firm since 2007 and was previously an assistant director at Deloitte focusing on M&A and valuations. In Warsaw, Monika Morali-Efinowicz is now managing director. She joined in 2005 from Apax Partners in Germany where she focused on European media buyouts. Also in Warsaw, Christian Senye has been promoted to director. He is now in his fourth year with Advent and joined from McKinsey & Company, where he advised in various sectors such as finance, petroleum and TMT.

Advent also promoted Stephen Hoffmeister in Boston to managing director, and Alfredo Alfaro to managing partner and Luis Solórzano to managing director in Mexico City. In São Paulo, two members of staff have been promoted: Patrice Etlin is now managing partner and Luiz Antonio Alves has become managing director.

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