European buyout firm CVC Capital Partners announced on Wednesday that it has hired Vodafone’s former deputy chief executive officer, Sir Julian Horn-Smith, as a senior adviser to its TMT team.
He joins Lorne Somerville, who heads up the team and used to be a UBS adviser to Vodafone.
Controversially, Horn-Smith sits on the international advisory board of Altimo, the telecoms subsidiary of Alfa Group, controlled by Russian oligarch Mikhail Fridman.
Alongside Horn-Smith at Altimo sits former spy chief of GCHQ, Sir Francis Richards, and Lord Douglas Hurd, who served as Britain’s foreign secretary during the Thatcher and, then Major years.
Currently, Altimo is indirectly involved in a US$1.7bn legal dispute with Telenor, and, by default the Norwegian government which controls the Nordic telco.
Source: Thomson Merger News