ESB Novusmodus, the corporate venturing group of Ireland-based utility ESB, has shaken up its investment team, including the appointment of Bertrand Gautier (pictured) as a partner and departure of Michael Foley.
Foley became a credit manager at Ireland’s National Asset Management Agency after being an associate at Novusmodus for 20 months.
Gautier joined Novusmodus from leveraged buyout firm Terra Firma late last year at about the same time as Nils Bennemann arrived from private equity peer Candover. They were joined by Frederic de Stexhe, who became an associate after leaving oil major BP.