Fred Watt is a Managing Partner and the CFO of CVC, a leading global alternative investment manager.
Focused on private equity, credit, secondaries and infrastructure, CVC is majority owned by its employees and led by its Managing Partners, with approximately €186bn of assets under management, €230bn of funds committed, and a global network of 29 local offices. Fred joined the senior management team in 2007 and sits on CVC’s Board, investment committees, and various panels including the Philanthropy Committee.
Prior to joining CVC, Fred was Chief Financial Officer of Royal Bank of Scotland Group (RBS) and served on the Board of NatWest Group.
Fred previously spent over 20 years with various public and private companies, including more than a decade at industrial conglomerate Wassall Plc, ultimately as Chief Financial Officer. He oversaw pre-acquisition review processes, including financial due diligence as well as post-acquisition review and integration.
A long-term philanthropist, Fred has been a Trustee at Nicholls Spinal Injury Foundation for almost two decades. The...Fred Watt is a Managing Partner and the CFO of CVC, a leading global alternative investment manager.
Focused on private equity, credit, secondaries and infrastructure, CVC is majority owned by its employees and led by its Managing Partners, with approximately €186bn of assets under management, €230bn of funds committed, and a global network of 29 local offices. Fred joined the senior management team in 2007 and sits on CVC’s Board, investment committees, and various panels including the Philanthropy Committee.
Prior to joining CVC, Fred was Chief Financial Officer of Royal Bank of Scotland Group (RBS) and served on the Board of NatWest Group.
Fred previously spent over 20 years with various public and private companies, including more than a decade at industrial conglomerate Wassall Plc, ultimately as Chief Financial Officer. He oversaw pre-acquisition review processes, including financial due diligence as well as post-acquisition review and integration.
A long-term philanthropist, Fred has been a Trustee at Nicholls Spinal Injury Foundation for almost two decades. The UK-based charity funds key research into spinal cord injuries.
Fred was educated at Glasgow Caledonian University, Scotland; is a member of the Institute of Chartered Accountants of Scotland; and a Fellow of the Chartered Banker Institute.moreless
CVC is a leading global alternative investment manager. Established in 1981, it has 29 local offices across five continents.
Old Oak Holdings
Director
2006
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2007
Fred served as director of hedge fund manager Old Oak Holdings. It is the parent of Toscafund Asset Management, a specialist investment firm with assets of £4 billion.
Wassall was a diversified industrial conglomerate. It was acquired by KKR in 2000 for $1.01 billion. Fred made his start at the company as Chief Accountant and Company Secretary before starting his tenure as Finance Director in 1994.
County Bank was the investment banking arm of NatWest. It was formed in 1965 through the bank's acquisition of numerous jobbing and stockbroking firms. Due to the merger of NatWest's investment and corporate banking departments, the company is now known as NatWest Markets.
Grant Thornton is a leading professional services network of consulting and accountancy firms. Member firms provide advisory and tax services and assurance to public sector entities and privately held businesses.
NatWest Group is a British insurance and banking holding company. Business and personal banking, insurance, private banking and corporate financing are all available through the group's various banking brands.
Together with Ulster Bank and NatWest, Royal Bank of Scotland is one of the banking subsidiaries of NatWest Group. The commercial and retail bank was established in 1727.
Wassall Plc and Asia Pacific Ltd
Board Member
Acquired by KKR in 2000, Wassall Plc was a diversified industrial conglomerate. Wassall Asia Pacific Ltd was the company's subsidiary in Singapore, Malaysia.
CVC's focused philanthropic efforts have an impact, in big and small ways. The international CVC Young Innovator Awards were established in 2015 and have so far provided seed funding for 23 young people.
NSIF is a UK charity that funds research into the treatment of paralysis caused by spinal cord injury. It was founded by David Nicholls after a swimming accident left his son, Daniel, paralysed from the neck down.
Founded in 1875 as the Institute of Bankers in Scotland, this UK-based not-for-profit educational charity aims to safeguard professional, responsible and socially purposeful banking that is in the public interest.
Founded in 1854, the Institute of Chartered Accountants of Scotland (ICAS) was the first professional body of accountants in the world. It is a regulator, thought leader, educator and mouthpiece for the business community.
