Not many of France’s top buyout houses can boast having a chief executive who has been doing deals with the firm for almost 30 years, but one notable Parisian outfit will soon be able to do just that.
News emerged this morning that PAI Partners, France's largest private equity firm, is set to appoint veteran dealmaker Michel Paris as its new chief executive after incumbent boss Lionel Zinsou, 57, steps down to join the group's supervisory board in 2015.