UK - Stephan Breban (pictured), formerly an investment consultant with Watson Wyatt, has launched City Capital Partners, a specialist private equity consultancy.
City Capital’s focus is to provide high quality private equity advice on both fund of funds and the larger funds within the European buy out market. This is an area of consulting where trustees have traditionally had limited choice.
“City Capital was founded in response to the growing demand frompension scheme trustees and other fiduciaries for independent advice in what is a very specialist field,” said Breban. “We believe that this need will continue to grow, not least as a result of the Myners and Morris reviews.”
Breban has researched private equity within the UK pension fund industry for over 15 years. A pioneer of Watson Wyatt’s research into alternative investments in the areas of private equity and hedge funds, he advised on pension fund investments into private equity worth several billion dollars.
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