International private equity firm Cinven today announces a leadership update, including changes to its management structure to support continued delivery of the firm’s strategic priorities in the years ahead.

Supraj Rajagopalan, Co-Managing Partner, and Alex Leslie, Chief Operating Officer and Chief Financial Officer, have decided to step down from their roles and will be leaving the firm. Bruno Schick and Jorge Quemada remain Cinven’s Co-Managing Partners, with Bruno continuing to lead the firm’s portfolio, value creation, and exit activities and Jorge leading its investment activity. The Co-Managing Partners are jointly responsible for the strategic direction and development of the firm in collaboration with the Executive Committee.

Alexandra Hess has been appointed President and, in addition to her role as Head of Investor Relations, has taken on responsibility for Strategic Initiatives. Maxim Crewe has been appointed Head of Countries and Sectors to oversee Cinven’s sector and regional matrix, a longstanding differentiator for the firm, and to maintain deep connectivity and impact across the platform. Cinven’s Partner and former CFO, Mike Colato, who is currently serving as Senior Advisor to the firm, will assume the role of COO / CFO on an interim basis. They will all report to the Co-Managing Partners.

The firm is also announcing an evolution of its Investment Committee (IC). Jorge Quemada will remain Chair of the IC, and Bruno Schick, Pontus Pettersson and Thomas Railhac, who currently serve on the bench, will all become permanent IC members, alongside David Barker. These appointments broaden the senior leadership group contributing to our investment decision-making at a time of strong momentum in capital deployment.

In addition, Stuart McAlpine will be transitioning to the role of Chairman Emeritus, following two years as Chair since stepping down as Managing Partner. In this capacity, Stuart will continue to provide counsel and strategic insight to the firm.

Bruno Schick and Jorge Quemada commented:

“We thank Supraj and Alex for their dedication and valued contributions to Cinven, our people, portfolio and investors over the last two decades. We fully respect their decision to step down from the firm.

“The additional responsibilities being taken on by Alex Hess, Maxim, Pontus and Thomas will further strengthen the firm’s management structure and demonstrate the depth of our established leadership bench. We look forward to working closely with them and the wider partner group to continue advancing our strategic priorities.
“These changes come at a time of strong momentum for Cinven, as the firm continues to deploy capital across a range of attractive investments in Europe and the US, deepens its sector and geographic capabilities, and supports portfolio companies in delivering sustainable value. Since January 2024 Cinven has delivered c. €12 billion of realisations while investing more than €6 billion into high-quality businesses. We look forward to carrying this strong momentum into 2026 and beyond.”