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Guy Hands to step down as head of Terra Firma

Guy Hands will retire to focus more on philanthropy, Terra Firma said

The self-styled king of British private equity is set to step down as the chair and chief investment officer of the company more than two decades after he set it up
The self-styled king of British private equity is set to step down as the chair and chief investment officer of the company more than two decades after he set it up Photo: Jason Alden/Getty Images

Guy Hands is retiring as the boss of private equity firm Terra Firma.

The self-styled king of British private equity is set to step down as the chair and chief investment officer of the company more than two decades after he set it up.

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