Jonathan Russell departs from 3i

Jonathan Russell, 51, who first headed up the buyouts team in 1999, is a former chairman of the European Private Equity and Venture Capital Association (EVCA).

His exit forms part of a reshuffling of the business, which involves the merger of 3i's growth capital and buyout arms in order to give its activities a more regional focus.

3i Chief Executive Michael Queen said: "This is a logical step and one which we think will make us even more effective in the market."

Russell holds an MBA from the London Business School and a BSc in Ophthalmic Optics.

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