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Two London PE veterans step down at Bain Capital - Private Equity News

Reported by Penews ·Fnlondon
Oct 16, 2025· 2 min read
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Key Takeaways
  • • David Danon, a partner in Bain Capital's industrials team with 18 years at the firm since 2007, is departing at the end of 2025, marking a significant senior departure from the London-based European private equity operation.
  • • Benjamin Kunstler has retired from his partner-level role in the healthcare team but will transition to an advisory capacity, preserving institutional knowledge while reducing his formal responsibilities.
  • • Both departures occur within Bain Capital's London office, signaling selective senior-level transitions in the firm's European private equity division rather than widespread organizational restructuring.
  • • The exits represent natural career transitions rather than forced departures, with Kunstler maintaining advisory involvement to ensure continuity in the healthcare portfolio.
Summary
Two senior partners at Bain Capital's London office are stepping down from their formal roles, according to sources familiar with the matter as of October 16, 2025. David Danon, who has served as a partner in the industrials team, is set to depart at year-end after nearly two decades with the buyout firm. Danon joined Bain Capital in 2007, establishing an 18-year tenure with the organization before his planned exit.

Benjamin Kunstler, another London-based partner focused on the healthcare sector, has formally retired from his partner position. However, rather than completely severing ties with the firm, Kunstler will continue in an advisory capacity serving the healthcare team, maintaining a consulting relationship that preserves continuity and leverages his sector expertise.

Both individuals represent senior dealmakers within Bain Capital's European private equity operation, which manages substantial portfolios across multiple sectors. Their departures reflect typical partner-level transitions within large alternative investment firms, where senior professionals may exit core operations after extended tenures while occasionally remaining engaged through advisory roles. The staggered nature of these moves—with Kunstler transitioning to advisory status while Danon departs entirely—suggests a managed transition rather than a sudden organizational disruption. For Bain Capital, which operates approximately $215 billion in assets under management globally, these London-office exits represent selective senior-level changes within its European private equity division rather than indicative of broader firm-wide challenges.

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Penews Two London PE veterans step down at Bain Capital - Private Equity News Fnlondon Two London PE veterans step down at Bain Capital - Financial News London