BEX Capital recruits Carbonel as operating partner

BEX Capital, a French private equity secondaries firm, has appointed Thomas Carbonel as an operating partner. He is the former investment director at Astorg.


Nice, France – July 9, 2019 – BEX Capital, the global private equity secondaries investor, today announces the appointment of Thomas Carbonel as Operating Partner. Thomas will be responsible for transaction execution and overall operations at BEX Capital.

Last March, the firm closed BEX Fund III at $365 million, the largest fund ever raised entirely dedicated to fund-of-funds secondaries.

Thomas has more than 10 years’ experience in private equity, of which seven were at Astorg as Investment Director. He started his career in 2007 at the French Treasury.

Thomas Carbonel commented: “BEX Capital is unique. It focuses on acquiring positions in private equity FoFs, secondary funds and co-investment funds in mature markets and assets, an investment strategy that has driven great returns and a loyal investor base. I’m very proud to join the team at this key stage where I can contribute to the future development of the firm.”

Thomas is a graduate of Ecole Polytechnique and ENSAE, and holds a Masters degree from Stanford University.

About BEX Capital
BEX Capital is an independent private equity secondaries investment firm founded in 2010 by Benjamin Revillon. BEX Capital invests on a secondary basis in mature positions in global private equity fund-of-funds, secondary funds and co-investment funds. BEX Capital now has in excess of $500 million of capital under management and is based in Nice, France. For more information please visit