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Three 3i veterans to follow Jonathan Russell out of the door

Four veterans with combined experience of 63 years leave firm; Russell departure comes amid claims of strained relationship with chief executive

Star 3i dealmaker Jonathan Russell, who is to quit the firm he helped to build, will be followed out by three other senior figures in a radical shake-up at the UK-listed private equity company that sees the exit of a combined 63 years of experience.

Mike Robins, head of UK buyouts and Keven Parker, a partner in the firm's Manchester office, are leaving the firm, while Gustav Bard, managing director of the firm's Nordic operations, will be leaving in a year's time, the firm confirmed.

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