31 July 2023
After more than 20 years as Terra Firma’s Chairman and Chief Investment Officer, the firm’s founder Guy Hands has stepped down from these roles as he reaches his 64th birthday. This has been a long-term objective of his.
Guy wants to change the focus of his life, giving him more time to work on his and his wife Julia’s philanthropic interests. He will continue to be involved in the portfolio businesses that are Hands Family Investments, as well as in the legacy Terra Firma fund investment, Annington, sitting on the boards that work with those investments. Terra Firma will now enter its next phase led by Paul Hatter as Chief Operating Officer and Richard Hands as Managing Director responsible for residential investments and new deals.
These changes will allow Guy to work even more intently on the philanthropic projects he and his wife Julia have built. This includes Mansfield College, Oxford, which the Hands family has supported for over 20 years and which has increased the number of state school pupils attending to 93% according to latest figures, substantially exceeding all other Oxford Colleges. Guy and Julia will also focus on other charitable areas including the GROW in Guernsey, YoungMinds in the UK as well as mental health initiatives through their cattle business, CPC, in Australia.