CCMP Capital Advisors has reportedly lost senior member Robert McGuire after three and a half years at the firm.
Bloomberg first reported the news after apparently interviewing McGuire, but said a CCMP spokesman refused to comment.
McGuire, who was also on CCMP’s investment committee, was part of a three-strong team tasked with overseeing the expansion of its European dealmaking.
He was based in the London office of CCMP, which was formerly the private equity arm of JPMorgan Chase.
CCMP spun out from JPMorgan in 2006.
The firm is currently nearing a final close for its third fund, which is expected to hit its $3.5bn target sometime this quarter.
In July the firm confirmed that it had raised just over $1.1bn for the fund from LPs including the Canada Pension Plan Investment Board, Alberta Management Corp and Goldman Sachs.
Early in 2012 CCMP president and CEO Stephen Murray said at the Wharton Private Equity Conference that the fund was close to hitting its $3.5bn target.
CCMP is focused on buyouts and growth equity investments of between $100m and $500m.
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