
IR partner leaves Idinvest to launch new business
Jean-Philippe Boige, a partner working on primary investments and investor relations at Idinvest, has left the French firm after eight years to launch his own private equity advisory business, unquote” has learned.
UPDATE (04/06/15): Idinvest reached out to unquote" to clarify its investor relations setup following Boige's departure (see last paragraph)
The departure is understood to have been amicable and initiated by Boige, who is in the process of setting up a new Paris-based structure focusing on placement and advisory services. The firm will target both GPs and LPs, providing advice ranging from fundraising assistance to designing specific investment strategies.
According to a source close to the matter, Boige is partnering with several senior industry professionals, although Boige will be the only one hailing from Idinvest. Further details surrounding the new venture are likely to come to light in the coming weeks.
Boige started his career in 1999 as an auditor at PwC. He was later recruited by Siparex as an associate, before moving to Global Private Equity as a private equity investment banker. He joined Idinvest in 2007 and became a member of the investment committee for the fund-of-funds activity. He was in charge of the primary investment programme and also managed the US and Asian legacy portfolios of AGF Private Equity.
Boige also worked on Idinvest's overall fundraising efforts and investor relation activities. The firm has been busy on the fundraising front in recent months; most recently, it held a final close for its second digital fund on €140m. On the debt side, the firm launched its third senior debt fund for SMEs, which has a target of €500m, in February and also hit fundraising milestones for other debt vehicles over the course of 2014.
Idinvest stated that the fundraising activities will continue to be overseen by partner Olga Koulechova, supported by an internal team. The firm added that Boige had been mainly focusing on relations with international investors, supported by a network of local contacts - Idinvest will continue to work with these contacts following Boige's departure.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater