Private equity job for Davies

first_imgWednesday 11 August 2010 8:50 pm Tags: NULL Private equity job for Davies KCS-content whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot whatsapp Former government minister and past chairman of Standard Chartered Mervyn Davies has joined private equity firm Corsair Capital, boosting the specialist financial services investor’s senior management team.Lord Davies joins Corsair, which spun out of JPMorgan Chase in 2006, as vice chairman and partner, based in London.He most recently served as minister of state for trade, investment and small business under Gordon Brown’s Labour government, a post he took up after leaving Standard Chartered in 2008.The move sees Welshman Davies return to the buyout firm in a full-time deal making capacity. He previously served as a member of its advisory board during his time as Standard Chartered chairman. He also served as a senior executive of Wall Street giant Citigroup earlier in his career.Corsair counts Standard Chartered’s Americas chief executive, David Stileman, and Resolution chief executive John Tiner – former head of City watchdog the Financial Services Authority – among its advisory board members.The firm’s investments include California’s East West Bank and Polish insurer PZU. Share Show Comments ▼last_img read more