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CVC Capital Partners hires John D Clark as a managing partner

Private equity firm CVC Capital Partners has appointed John D Clark as a managing partner based in New York.

Clark (pictured) will focus on middle-market, growth-oriented private equity investments in the technology, software and technology-enabled business services sectors.
 
Clark comes to the firm from Welsh, Carson, Anderson & Stowe, a New York-based private equity firm, where he was a general partner, a member of the management committee and a director of Paycom Software, Peak 10, NEWAsurion, Savvis, Lytx and other companies.
 
CVC managing partner Chris Stadler says: "CVC's greatest asset is the strength and depth of our investment professionals around the world. John will be a great addition to this team.”
 
CVC partner and head of TMT Lorne Somerville says: "Our recent investments in AVAST and Cerved in Europe and SPi Global in Asia highlight our strong interest in the software and tech-enabled business services sectors. We are very fortunate to be able to attract an investor of John's calibre and I look forward to working with him to expand our presence in these sectors especially in the middle-market."
 
Clark says: “I am delighted to have the opportunity to join such a world-class organisation and one of the most successful platforms in the private equity industry today.”

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