BrazilBCG France partner Jérôme Hervé leaves to launch JH Next
After serving Boston Consulting Group for over two decades, senior partner Jérôme Hervé has left the firm to become an entrepreneur.
Jérôme Hervé joined Boston Consulting Group (BCG) in 1998, having previously spent eight years with a boutique French management consultancy (Rise Conseil) and global strategy consulting rival Bain & Company. At BCG, Hervé grew the ranks to become one of the firm’s leading figures in France and Europe.
Promoted to partner in 2001, and senior partner in 2010, Hervé most recently was Head of BCG’s Corporate Development practice in Europe. This practice focuses on heling private equity clients and other large investors with optimising their portfolio strategy and capital allocation, with the aim of maximising their value creation. In BCG’s approach, value extends beyond just financial rewards, and also includes a range of other non-financial considerations.
Hervé has led and worked on dozens of value creation projects during his career, and advised on dozens of transactions. At BCG, Hervé also played a key role in the growth of the firm’s Private Equity practice in France. He established the unit (known as ‘Principal Investors & Private Equity’) and grew it into a practice with a strong track record in the market, serving corporates, private equity funds and family offices across all stages of the investment value chain.
The consultant has taken to LinkedIn to announce his departure from the global consulting firm, and reveal his new challenge. “Every milestone is a new start,” he said, adding that he has launched ‘JH Next’, an investment company that will invest in “innovative companies that have the potential to reinvent and disrupt their industry.”
Alongside serving as an investor itself, JH Next will also act as a strategic advisor – bringing together entrepreneurs and investors to forge mutual relationships. At the time of writing, Hervé has not released details on the focus areas for JH Next.
The launch comes at a tricky time for start-ups seeking funding. Following a record year of venture capital investments into European start-ups and scale-ups, the market has hit the brakes due to the Covid-19-induced crisis.
