After five years at the firm, CVC Credit Partners chairman Stephen Hickey is standing down from his role for personal reasons. He will be succeeded by Hamish Buckland.
Since Hickey joined in CVC in 2012, assets under management have grown from USD8.1 billion to USD17.9 billion.
Buckland (pictured), is joining CVC from Triton, having previously spent 25 years at JPMorgan, where his most recent role was Vice Chairman of the Investment Banking business. Before that he ran JPMorgan’s European Leverage Finance business from 2001 to 2008. In addition, he has acted as Advisor and Board Director at HM Treasury’s Asset Protection Agency.
Buckland says: “I have worked closely with CVC for many years and I am delighted to be joining CVC Credit at such an exciting time in their development. We have an exceptional team who have delivered first rate returns for our investors across multiple credit cycles and these returns will underpin our future growth.”
Hickey adds: “Over the last 5 years, CVC Credit Partners has developed into a leading, global credit management firm, having more than doubled our assets under management. Being associated with this platform and leading such a talented group of professionals has been a real privilege and I look forward to watching CVC Credit go from strength to strength.”
