Boden Leaves 3i for Advent

Conor Boden has joined Advent International as head of portfolio board development, a newly-created position focused on extending Advent's operating partner program. Boden has spent the past nine years with 3i Group

 

PRESS RELEASE 

 

Advent International, the global private equity firm, today announced that Conor Boden has joined the firm from 3i to take up the newly-created role of Head of Portfolio Board Development.

As Head of Portfolio Board Development, Conor's main focus will be on extending Advent's existing operating partner programme. Experienced industrialists, operating partners work with Advent in a variety of ways including helping to identify and transact deals as well as contributing to the strategic and operational development of portfolio companies. Conor will also be responsible for setting up and managing a broader network of chairmen, nonexecutive directors and CEOs. Conor will be based in London and will initially concentrate on Western and Central Europe.

Before joining Advent, Conor spent nine years at 3i where he was latterly responsible for the development and management of a group of executive chairmen and industrialists for 3i's European buyout business. Earlier he headed the firm's CEO programme. Prior to working at 3i, Conor held senior marketing positions at Andersen, Linklaters and Mercer Management Consulting.

The use of operating partners is a fundamental, long-established and successful element of Advent's highly operational approach to investing. The programme currently includes circa 50 high-level industrialists, many of whom have been involved in multiple Advent investments.

Humphrey Battcock, Managing Partner in Advent's London office and member of Advent's Executive Committee, said: “Conor's appointment is testament to the extremely high value we place on the contribution of our operating partners across all the territories in which we invest. We're delighted to have somebody with his experience on board. His appointment enables us to take both our operating partner and board-level resources to the next stage.”

Conor Boden, Head of Portfolio Board Development, said: “There is no doubt that Advent has long been a global leader in partnering with exceptional boards and management teams. Given its operational orientation, international scale and breadth of sector knowledge, Advent offers top industrialists a wide range of opportunities and challenges