UK- 3i's Graeme Sword resigns
Head of 3i's oil, gas and power team, Graeme Sword, has left after 14 years with the firm.
Sword has been replaced by Mike Sibson and Mark Kerr, who have been promoted from the oil, gas and power team.
Sword's leave has sparked rumours that 3i may cut back on its Aberdeen-based oil, gas and power team or move the group to London.
In April, Sword resigned as 3i's representative on the board of Venture Production, leading people to believe the group was prepared to sell its minority stake in the oil and gas company.
It has been reported that 3i has said Sword left to pursue 'new challenges'.
More on People
CapMan Managing Partner Johan Pålsson to depart
Pålsson resigns from management effective immediately; to stay as buyout partner until February 2024
Capvis grapples with EUR 1bn fundraise amid team exodus
Five partners for the Swiss-based GP leave firm in last two years; sponsor started sixth buyout fundraise in early 2023
Golding adds insurance expertise with hire for institutional clients team
Tim Ickenroth joins as director with prior experience at BNP Paribas and UniCredit
Travers Smith bolsters funds practice with hire from Proskauer
Tosin Adeyeri joins with particular experience in secondary portfolio transactions
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