Hellman & Friedman LLC has named Deepak Advani as a managing director. Also, the private equity firm has promoted Zita Saurel and Stuart Banks to managing director. Previously, Advani worked at IBM where he was most recently general manager of IBM Commerce. And, Saurel joined Hellman & Friedman in 2005 while Banks came on board in 2007.
SAN FRANCISCO, Jan. 11, 2016 /PRNewswire/ — Hellman & Friedman LLC, a leading private equity investment firm, today announced that Deepak Advani will be joining the firm as a Managing Director. The firm also announced the promotions of Zita Saurel and Stuart Banks to Managing Director.
“The success of Hellman & Friedman has always been closely tied to the strength of our team and the depth of our talent,” said Philip Hammarskjold, Chief Executive Officer of Hellman & Friedman. “We are exceptionally pleased to welcome Deepak as a proven software and technology executive who will complement our world-class team. We also recognize the outstanding accomplishments and contributions of Zita and Stuart and look forward to their continued success.”
Mr. Advani joins Hellman & Friedman’s San Francisco team with nearly 20-years’ experience in the software and technology sector with IBM. He most recently ran one of IBM’s strategic initiatives as the General Manager of IBM Commerce. Prior to that, he was the General Manager of IBM’s multi-billion dollar Cloud and Smarter Infrastructure division and also led IBM’s predictive analytics business. Mr. Advani also served as the Global Chief Marketing Officer and SVP of eCommerce for Lenovo.
Ms. Saurel joined the firm in 2005 in the London office. She has been actively involved in a number of its European investments and also has responsibility for the firm’s capital markets activities in Europe.
Mr. Banks joined Hellman & Friedman in 2007 in the London office and serves as General Counsel for the firm in Europe. He helps lead negotiations on new investments and oversees firm and portfolio company matters in Europe.
In addition, Hellman & Friedman announced the promotions of Stephen Ensley, Johannes Korp, Derek Zanutto, and Suzanne Kim to Director and Adrien Motte to Principal.
About Hellman & Friedman:
Hellman & Friedman is a leading private equity investment firm with offices in San Francisco, New York, and London. Since its founding in 1984, H&F has raised over $35 billion of committed capital. The firm focuses on investing in superior business franchises and serving as a value-added partner to management in select industries including software, internet & media, financial services, business & information services, energy & industrials, retail & consumer, and healthcare. For more information on Hellman & Friedman, please visit www.hf.com