Fondinvest reshuffles executive team amid fund launch

The replacement of Fondinvest's key executive figures is part of a succession plan that will see new managers Dunkerley and McClory wholly acquire the GP.

Dunkerley will hold the reins post-succession as managing partner. He will be replacing founder Charles Soulignac, who will retain responsibilities as partner and chair of the investment committee.

Dunkerley is currently director at European life insurer Valor Group and US firms Burnham Securities and COR Advisors. He also holds responsibilities at COR Securities Holding as non-executive director.

Prior to joining the private sector, he worked for US financial regulators between 2009-2011, notably at the Federal Deposit Insurance Corporation, where he helped put in place the Dodd-Frank legislation.

McClory is also currently employed by Burnham Securities, where he is managing director. Between 2003-2014, he held the same role at California-headquartered Hunter Wise Financial Group.

Fondinvest's executive reshuffle marks the return of Laurent Gillot to the firm after seven years. He will be appointed as investment director, the same title he held when he left Fondinvest for Gimar Capital Investissement in June 2008.

Founded in 1994, Fondinvest is a fund-of-funds manager targeting small- and mid-cap vehicles. It manages €1.8bn via primary funds, secondary funds and separate accounts.

In parallel with the management succession, the firm has announced it is working on the launch of a 10th fund with a €500m target. The vehicle is the latest addition to the GP's secondaries-focused family, with predecessors including Fondinvest II, IV, VI and VIII.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• France
• People
• Fund-of-funds
• France
• Fondinvest