Astorg, a pan-European private equity firm with over €23bn of assets under management, has promoted Chris Cozzone and Olivier Lieven to Partner and announced an additional seven Managing Director promotions.

Bain Capital has promoted Ivano Sessa to Co-Head its European Private Equity division, alongside Stuart Gent, signalling a leadership overhaul for the firm in the region, according to a report by Bloomberg.

Margaret Lui, Chief Executive Officer of Azalea Investment Management, the private equity firm owned by Singapore’s Temasek, is to retire on 31 March, 2025. With Chief Investment Officer Chue En Yaw set to take on her role on 1 April.

Prosek Partners, a global integrated marketing and communications firm for financial and professional services, has appointed Stephen Lewis as a Partner in the firm’s office own London, effective at the end of January.

Odyssey Investment Partners (Odyssey), a private equity investment firm focused on buy-and-build investments middle market companies, has made 11 promotions, including elevating Jonathan Hall and Vivian Hadis to Managing Principal from Principal.

BGF has made a series of Partner appointments across its investment and portfolio teams including Paddy Graham and Barry Jackson will transition to Regional Partners, reporting to BGF’s Head of Growth, Richard Taylor.

London-based buyout firm Sullivan Street Partners has promoted Oliver Marshall to Partner.

European private equity firm IK Partners (IK) has opened a new office in Munich, Germany as part of its ongoing commitment to investing in the DACH region, which will be led by Joachim Dettmar, and Adrian Tanski.