Chuck Flynn, the global head of the private equity fund group at Deutsche Asset Management, has left to join Bregal Investments run by the Dutch Brenninkmeijer family, to head a €750m ($895m) investment programme in third party private equity funds.

Flynn is one of the private equity industry's most senior buyside private equity managers. Prior to joining Deutsche Bank he was the founder of the private equity fund-of-funds business at Axa.