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CVC boosts financing team

The buyout firm has added to its financing team in anticipation of a rise in refinancing work this year

CVC Capital Partners has bolstered its financing team as it seeks to take advantage of improving lending terms for leveraged buyouts with the launch of "several" refinancings due in the coming weeks, according to managing director Ken Young.

CVC has hired Augustin Delorme as an investment director based in London, according to a spokeswoman. Delorme, who joined the firm on Monday, previously spent seven years at JP Morgan where he worked as a vice president in its European leveraged finance team.

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