CVC Adds Ex-Lloyds CEO

Mar 4 2013 | 12:17pm ET

Private equity firm CVC Capital Partners has named a former Lloyds Banking Group CEO a senior advisor.

Eric Daniels will serve on CVC's banking team. An American, Daniels led Lloyds from 2003 through 2011, when he retired and joined StormHarbour Partners as an adviser. Daniels oversaw Lloyds' disastrous acquisition of mortgage lender HBOS five years ago, which cost him some of his 2010 bonus last year.

CVC financial institutions chief Jonathan Feuer cited Daniels' "breadth of knowledge and understanding in banking, insurance and wealth management" as reasons for his hire.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...