UK-Based Hermes Global Private Equity CEO to Leave Post

According to a statement released by UK-based Hermes Global Private Equity, CEO Alan MacKay will be leaving his position. Hermes GPE said the reason for MacKay’s departure is because the firm is “shifting the emphasis from an integration build-out phase to one of growth, with more distinct positioning of our private equity and infrastructure capabilities.” MacKay will remain as a company shareholder while Peter Gale runs the private equity business and Peter Hofbauer continues to lead the infrastructure business.