Newbury Partners Names Stephane Chevrier Managing Director

STAMFORD, Conn., Oct. 28, 2013 (GLOBE NEWSWIRE) -- Newbury Partners, a Stamford-CT-based firm with more than $2.2 billion in assets under management specializing in the acquisition of private equity limited partnership interests in the secondary market, has named Mr. Stéphane Chevrier as Managing Director. In his new role, Mr. Chevrier is responsible for the origination, execution, and monitoring of private equity investments.

"We are thrilled to welcome Mr. Chevrier to Newbury Partners as a Managing Director. His history with transactions lends a unique perspective to the secondary market and its constituents – general partners, limited partners, and sellers active in the market. Stéphane is a perfect complement to such an experienced and accomplished team, one which has executed more than 150 secondary transactions across nearly 20 years as secondary specialists," commented Mr. Richard Lichter, Managing Partner, Newbury Partners.

Prior to joining Newbury Partners, Mr. Chevrier served the primary and secondary private equity markets as a principal investor for over 13 years. Most recently, Mr. Chevrier was the Founder and Managing Partner of Equifin Alternative Investments LLC ("EAI"), an alternative asset management firm focused exclusively on the private equity asset class. Since its inception in 2010, EAI has completed 12 transactions, approximately $620 million in total consideration, involving secondary purchases of limited partnership and equity co-investment interests. Prior to EAI, Mr. Chevrier was a Managing Director at Ardian (formerly AXA Private Equity), a leading global European-based private equity firm. During his tenure, Mr. Chevrier was involved in over $3 billion of primary and secondary transactions and actively involved in 12 successful secondary private equity transactions. Prior to Ardian Equity, Mr. Chevrier worked as a financial auditor for Mazars Group and KPMG in London and Paris. He is a qualified French CPA.

Mr. Chevrier holds a joint MBA from Paris-Dauphine University and UQAM (Canada) and received a B.A. in finance from Cergy-Pontoise University (France). Mr. Chevrier maintains dual American and French citizenships.

To learn more about Newbury Partners, please visit, or to contact Mr. Chevrier directly, please email

About Newbury Partners:

Newbury Partners specializes in acquiring buyout, venture capital, special situations, mezzanine and fund-of-funds limited partnership interests in the secondary market. With experience spanning more than 150 secondary transactions and nearly 20 years as secondary specialists, Newbury Partners works with sellers and funds to create liquidity solutions across the global private equity markets. From large financial institutions and corporations to family offices and individual investors, Newbury Partners delivers creative liquidity solutions to address sellers' objectives across the global private equity market. To learn more, please visit

CONTACT: Media Contact: Karen Beauchamp Marketing Director Morstad kbeauchamp@karenmorstad.comSource:Newbury Partners LLC