BNP Paribas Wealth Management has appointed Richard Clarke-Jervoise as global head of Private Equity & Private Debt Investments, effective 15 April 2019.
Clarke-Jervoise will report to Claire Roborel de Climens, global head of Private and Alternative Investments at BNP Paribas Wealth Management
He has twenty years' experience investing in private capital as a lender, a direct investor and a fund investor. He began his career with Barclays Capital in Paris where he worked in the Investment Banking team. Following that, he held a number of roles with funds of funds in Paris including leading Groupama's private equity fund of funds. Most recently, Clarke-Jervoise was a partner at Stonehage Fleming.
Roborel de Climens said: "Over the past years, we have seen a significant pick up in clients' appetite for private equity. In this persistently low interest rate environment, investors are looking for diversification and double digit returns to optimise their portfolio's risk return profile. They also want to fully benefit from exposure to the real economy globally.
"Clarke-Jervoise's in-depth knowledge and international expertise of the private equity investments will enable us to continue to meet clients' expectations and ensure that they receive the specific advice they require."