Damon Buffini
Encyclopedia
Damon Buffini is an English
businessman, who used to head the private equity
company Permira
.
in 1962, the son of an African American
serviceman and a British
woman, he was educated at the Gateway school in Leicester. Buffini graduated in law
from St John's College
, Cambridge University, and has an MBA from Harvard Business School
.Out of a list of 100, Buffini topped the list as the most powerful black male in the Britain by New Nation
. He also ranked number three by the Times Power 100 for people who hold sway over British Business. Boasting power and influence, together with a personal fortune of between £100m and £200m. Buffini was recently appointed to Prime Minister Gordon Brown's business advisory panel
Buffini worked for LEK Partnership
, and under the firm's scholarship scheme undertook an MBA from Harvard Business School. On return to the UK he joined Imperial Group working as a management consultant, before being recruited by Jon Moulton
(now head of rival firm Better Capital), in 1988 to join Schroders
leveraged buyout
team, known then as Schroder Ventures Europe.
Buffini became a partner in 1992, and promoted to Managing Partner of the UK business in 1999, and Managing Partner in 2000, just before he led a management buyout
group and renamed the firm Permira. Buffini took home £3.2 million plus bonuses in 2004.
Buffini is also a non-executive board member of SVG Capital
plc.
solicitor
Deborah, the couple have three children, a family home in Weybridge
and a city flat in Wandsworth
. Buffini plays tennis
and golf
, football for a local amateur side, and supports Arsenal
.
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...
businessman, who used to head the private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
company Permira
Permira
Permira is a United Kingdom-based private equity firm with global reach. The firm advises funds with a total committed capital of approximately €20 billion....
.
Biography
Born in LeicesterLeicester
Leicester is a city and unitary authority in the East Midlands of England, and the county town of Leicestershire. The city lies on the River Soar and at the edge of the National Forest...
in 1962, the son of an African American
African American
African Americans are citizens or residents of the United States who have at least partial ancestry from any of the native populations of Sub-Saharan Africa and are the direct descendants of enslaved Africans within the boundaries of the present United States...
serviceman and a British
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
woman, he was educated at the Gateway school in Leicester. Buffini graduated in law
Law
Law is a system of rules and guidelines which are enforced through social institutions to govern behavior, wherever possible. It shapes politics, economics and society in numerous ways and serves as a social mediator of relations between people. Contract law regulates everything from buying a bus...
from St John's College
St John's College, Cambridge
St John's College is a constituent college of the University of Cambridge. The college's alumni include nine Nobel Prize winners, six Prime Ministers, three archbishops, at least two princes, and three Saints....
, Cambridge University, and has an MBA from Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
.Out of a list of 100, Buffini topped the list as the most powerful black male in the Britain by New Nation
New Nation
This article is about the British newspaper, which is not to be confused with the Apartheid-era New Nation published in Johannesburg, South Africa or the satirical publication in Singapore....
. He also ranked number three by the Times Power 100 for people who hold sway over British Business. Boasting power and influence, together with a personal fortune of between £100m and £200m. Buffini was recently appointed to Prime Minister Gordon Brown's business advisory panel
Buffini worked for LEK Partnership
L.E.K. Consulting
L.E.K. Consulting is an international strategy consulting firm, with headquarters in London.Started in 1983 by three partners from Bain & Company, James Lawrence, Iain Evans and Richard Koch, L.E.K. has since grown to over 900 consultants and 20 offices worldwide...
, and under the firm's scholarship scheme undertook an MBA from Harvard Business School. On return to the UK he joined Imperial Group working as a management consultant, before being recruited by Jon Moulton
Jon Moulton
Jon Moulton is a British venture capitalist. He is the founder and managing partner of the private equity firm Better Capital, and is the former managing partner of the private equity firm Alchemy Partners...
(now head of rival firm Better Capital), in 1988 to join Schroders
Schroders
Schroders plc is a British multinational asset management company with over 200 years of experience in the world's financial markets. The company employs 2,905 people worldwide who are operating from 32 offices in 25 different countries around Europe, America, Asia and the Middle East...
leveraged buyout
Leveraged buyout
A leveraged buyout occurs when an investor, typically financial sponsor, acquires a controlling interest in a company's equity and where a significant percentage of the purchase price is financed through leverage...
team, known then as Schroder Ventures Europe.
Buffini became a partner in 1992, and promoted to Managing Partner of the UK business in 1999, and Managing Partner in 2000, just before he led a management buyout
Management buyout
A management buyout is a form of acquisition where a company's existing managers acquire a large part or all of the company.- Overview :Management buyouts are similar in all major legal aspects to any other acquisition of a company...
group and renamed the firm Permira. Buffini took home £3.2 million plus bonuses in 2004.
Buffini is also a non-executive board member of SVG Capital
SVG Capital
SVG Capital is a leading British private equity and investment management business. It is headquartered in London and is a constituent of the FTSE 250 Index.-History:...
plc.
Personal life
Married to an ethnic ChineseChina
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
solicitor
Solicitor
Solicitors are lawyers who traditionally deal with any legal matter including conducting proceedings in courts. In the United Kingdom, a few Australian states and the Republic of Ireland, the legal profession is split between solicitors and barristers , and a lawyer will usually only hold one title...
Deborah, the couple have three children, a family home in Weybridge
Weybridge
Weybridge is a town in the Elmbridge district of Surrey in South East England. It is bounded to the north by the River Thames at the mouth of the River Wey, from which it gets its name...
and a city flat in Wandsworth
Wandsworth
Wandsworth is a district of south London, England, in the London Borough of Wandsworth. It is situated southwest of Charing Cross. The area is identified in the London Plan as one of 35 major centres in Greater London.-Toponymy:...
. Buffini plays tennis
Tennis
Tennis is a sport usually played between two players or between two teams of two players each . Each player uses a racket that is strung to strike a hollow rubber ball covered with felt over a net into the opponent's court. Tennis is an Olympic sport and is played at all levels of society at all...
and golf
Golf
Golf is a precision club and ball sport, in which competing players use many types of clubs to hit balls into a series of holes on a golf course using the fewest number of strokes....
, football for a local amateur side, and supports Arsenal
Arsenal F.C.
Arsenal Football Club is a professional English Premier League football club based in North London. One of the most successful clubs in English football, it has won 13 First Division and Premier League titles and 10 FA Cups...
.