French mid-market firm Edmond de Rothschild Capital Partners’ chief financial officer Sylvie Vergès has become its corporate secretary and it has promoted Thomas Mitard and Hervé Fonta to partners.
Vergès has served as Edmond de Rothschild Capital Partners’ chief financial officer since September 2004. She was previously chief financial officer at Neuf Telecom and has held numerous different posts at companies such as automobile component company Valeo, medical company Cerus and accountant PriceWaterhouseCoopers.
Mitard joined the buyout firm in June 2002 while Fonta joined in March 2005, both coming in as investment managers. Mitard had previously been at 3i for eight years, while Fonta previously worked for French buyout firm Chequers Capital and accountant Arthur Andersen, which he left in 1999 prior to its Enron-related decline.
Edmond de Rothschild Capital Partners manages one €210 million fund which invests in mid-market companies of €30 million to €200 million. In July it sold its controlling stake in free magazine group H3S after two years to S3G, a subsidiary of the media group Sud-Ouest, for an undisclosed sum. This was the group’s third exit to date. Other portfolio companies include dental equipment business Actéon, luxury children’s group Bonpoint and metal storage company BHP.