Credit Suisse spinout Avista Capital to lose European head Newton Aguiar


exit_wayout_170sqCredit Suisse spinout Avista Capital Partners is reportedly set to lose its European head Newton Aguiar after three years with the firm.

Aguiar concentrated at healthcare deals at Avista, and is set to leave to explore new opportunities in the European healthcare market according to Dow Jones, which cited two people familiar with the matter.

He was previously a partner at DLJ Merchant Banking Partners and European buyout house Triton, before joining Avista to head up its new London office in 2010.

The firm made the move despite a shift in UK tax policy at the time, which saw the capital gains rate jump from 18 per cent to 28 per cent to help address the deficit.

Avista, which was founded in 2005, targets healthcare, energy and media companies.

Copyright © 2013 AltAssets