Paine & Partners rebrands as Paine Schwartz Partners

The firm's chairperson and CEO, Dexter Paine, will continue in his role as chair following the rebranding, while president and founding partner Kevin Schwartz will take on the role of CEO.

Paine and Schwartz will continue to oversee the firm's strategy, investment activities and operations with support from partners Angelos Dassios and David Buckeridge.

The GP last year backed the buyout of UK dairy business Meadow Foods in order to support its acquisitive growth strategy.

The firm is currently investing from Paine & Partners Capital Fund IV, which has also been renamed Paine Schwartz Food Chain Fund IV. The vehicle, which had a target of $800m, held its final close on $893m in December 2014.

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