Placement Agent Charles Froeb Leaving Credit Suisse

Charles Froeb is leaving Credit Suisse, where he has spent the past decade as a West Coast managing director in the firm’s fund placement group. It’s a fairly big departure, given that he’s helped work on funds for firms like Blackstone, Oak Hill, Leonard Green, CD&R, Coller Capital and New Mountain Capital.

Expect the transition to last around a month, after which he’s expected to turn up as an in-house fundraiser at a PE firm. We’d tell you which one, except we don’t yet know it (and Froeb declined to comment).