Salvepar, the Paris-listed investment firm 52% owned by Groupe Tikehau, the new backer of UK private equity firm Duke Street, has unveiled a former Rothschild and Lazard banker as its new chairman and chief executive.

The firm, which invests in both public and private assets, has hired Christian de Labriffe as a director and appointed him as chairman and chief executive officer, according to a statement. He was previously an associate managing partner at Rothschild & Cie, the statement said.