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CVC hires Hugh Briggs as director from MidOcean

Pan-European buy-out CVC has hired Hugh Briggs as a director in its International Team in London. He had previously worked at MidOcean Partners, the spin out from DB Capital, where he had been involved in a wide range of transactions.

Marc Boughton, a CVC partner, said: 'We are delighted that Hugh has joined the International Team at CVC and we will be drawing on his experience as we assess new opportunities in the future.'

CVC, although predominantly a European buy-out group, is currently raising its second Asian fund. It is expected to launch a new European fund during the course of 2005.

The firm is one of the largest buy-out specialists in Europe and one of the most active investors. It has recently been linked with a record-breaking E11bn bid for Spanish telecoms and cable firm Auna alongside a string of other large buy-out firms.

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