Apollo Names Chris McIntyre Global Head of the Institutional Client Group

Apollo logo

NEW YORK, March 08, 2024 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO) today announced the appointment of Chris McIntyre as Partner, Global Head of the Institutional Client Group and member of the firm’s Leadership Team, effective April 15, 2024. Based in New York, he will be responsible for managing the firm’s institutional distribution channel. McIntyre joins a talented team that delivered robust third-party inflows of approximately $45 billion in 2023.

Apollo Co-Presidents Scott Kleinman and Jim Zelter said, “Institutions around the globe have long formed the bedrock of our leading alternative asset management and retirement services businesses. Chris’ deep relationships and private markets expertise will be highly accretive as we continue to offer diversified, tailored investment solutions to our most valued partners. We are excited to welcome Chris to our team.”

McIntyre said, “Apollo is distinguished by its highly sophisticated, aligned, and active approach to partnering with investors and strong track record of innovation across strategies. I look forward to working closely with leaders across the business as we seek to continue delivering excess returns for our clients while also evolving to meet their changing needs.”

McIntyre previously served as Partner and Managing Director at Boston Consulting Group (BCG) where he led the firm’s Asset Management business in North America advising senior leaders from global alternative and traditional asset managers. McIntyre earned his BA from Yale University and MBA from Columbia Business School.

About Apollo

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of December 31, 2023, Apollo had approximately $651 billion of assets under management. To learn more, please visit www.apollo.com.

Contacts

Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
(212) 822-0540
IR@apollo.com

Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
(212) 822-0491
Communications@apollo.com

 


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Source: Apollo Global Management, Inc.

Categories: People

Renovus Capital Partners Announces Team Promotions

Renovus

WAYNE, PA – February 15, 2024 – Renovus Capital Partners (“Renovus”), a Philadelphia-area based investment firm, announced today the promotions of several team members:

  • Lee Minkoff to Managing Director from Principal
  • Moe Tufail to Managing Director from Director of Business Development
  • Pat Heath to Vice President from Senior Associate
  • Adam Swack to Senior Associate from Associate
  • Jisa Ben to Senior Fund Accountant from Finance Analyst

“We are proud to recognize these outstanding professionals with well-earned promotions,” said Jesse Serventi, Founding Partner at Renovus. “They have contributed to accelerating the firm’s momentum, demonstrating both individual excellence and strong team play.  My fellow Founding Partners Atif Gilani and Brad Whitman and I have made a concerted effort to build and nurture Renovus’ talent base, which we believe is a critical element of our long-term success. We appreciate the work of these individuals and look forward to the future of our team.”

Full bios of the promoted individuals can be found online here: renovuscapital.com/our-team/

Categories: People

CapMan Real Estate strengthens residential property management team with hire of Miro Karttunen, previously CEO of Newsec Property Asset Management in Finland

Capman

CapMan Real Estate strengthens residential property management team with hire of Miro Karttunen, previously CEO of Newsec Property Asset Management in Finland

Ex Newsec veteran Miro Karttunen joins CapMan Real Estate as Head of Residential Property Management. 

Miro will be responsible for leading property management across CapMan’s Nordic core residential portfolio which currently comprises 108 properties and over 6,000 apartments in Denmark, Finland and Sweden. Miro is an experienced leader with a proven track record in the real estate industry. Most recently, he led Newsec’s Property Asset Management in Finland between 2017 and 2022.

“We are delighted to welcome Miro to our Nordic residential property management team and look forward to him assisting us in developing our management capability even further. We have big growth plans for our residential platform and are confident in Miro’s ability to help us reach our goals”, comments Mikael Hjorth, Partner at CapMan Real Estate.

In the core rental residential sector, CapMan invests in centrally located properties in major Nordic cities, focusing on assets with strong sustainability profiles.

vCapMan Real Estate has approximately €4.2 billion of real assets under management, and the team comprises over 70 professionals located in Helsinki, Jyväskylä, Stockholm, Copenhagen, Oslo and London.

For more information, please contact:

Mikael Hjorth, Partner, CapMan Real Estate, +44 7741 873 663

Torsten Bjerregaard, Managing Partner, CapMan Real Estate, +44 7715 772 554

About CapMan

CapMan is a leading Nordic private asset expert with an active approach to value creation and over 5 billion in assets under management. Our objective is to provide attractive returns and innovative solutions to investors. We have set greenhouse gas reduction targets under the Science Based Targets initiative in line with the 1.5°C scenario. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover minority and majority investments in portfolio companies and real estate, and infrastructure assets. We also provide wealth management solutions. Our service business includes procurement services. Altogether, CapMan employs approximately 190 professionals in Helsinki, Jyväskylä, Stockholm, Copenhagen, Oslo, London and Luxembourg. We are listed on Nasdaq Helsinki since 2001. www.capman.com

Categories: People

Activa Capital recruits Chief Financial Officer with the arrival of Audrey Kahn

Activa Capital

Activa Capital announces the appointment of Audrey Kahn as Chief Financial Officer.
Audrey will be responsible for coordinating the cross-functional activities of Activa Capital
(Administrative and Financial Department, and Investor Relations in particular).
Until now, Audrey was an outsourced CFO for Prodensia, a financial consulting firm, since 2019,
specialized in investment funds.

Audrey previously was a Financial Controller for Committed Advisors, in Private Equity, from 2013 to
2019, supervising more than a 1.7 billion euros assets under management.
Audrey has 11 years of experience within the finance functions of Private Equity and is a graduate of
ESDES, Management School in Lyon.
Christophe Parier and Alexandre Masson, Partners at Activa Capital, declared: « We are delighted to
welcome Audrey in whom we place all our confidence to successfully fulfill his role as CFO and boost
the development of Activa Capital. »

About Activa Capital
Activa Capital is a leading French mid-market private equity firm. Activa Capital manages over €400m
of private equity funds on behalf of a wide range of institutional investors. Activa Capital partners with
ambitious mid-sized French companies, valued at €20m to €200m, seeking to accelerate their growth
and their international footprint.

Learn more about Activa Capital at activacapital.com

Press contacts
Alexandre Masson Christophe Parier Joséphine Barjot
Managing Partner Managing Partner Office Manager
+33 1 43 12 50 12 +33 1 43 12 50 12 +33 1 43 12 50 12
alexandre.masson@activacapital.com christophe.parier@activacapital.com josephine.barjot@activacapital.com

Categories: People

Apollo Names Industry Veteran Harry Seekings Co-Head of Infrastructure

Apollo logo

NEW YORK, Feb. 09, 2024 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that industry veteran Harry Seekings has been named Co-Head of Infrastructure at Apollo, effective March 11, 2024. Seekings will work alongside Olivia Wassenaar, Head of Sustainability and Infrastructure.

Apollo Co-President Scott Kleinman said, “We are pleased that Harry will join Apollo as Co-Head of Infrastructure. With over 25 years of industry experience, Harry has a proven track record and tested ability to grow and manage transnational teams, and we believe he will play an integral role in driving the continued growth of our Infrastructure franchise. We continue to see compelling opportunities to invest in infrastructure assets, particularly in the mid-market where we can apply our scale, expertise and capital markets capabilities to provide value for companies.”

Seekings said, “Apollo operates one of the industry’s leading mid-market Infrastructure franchises, and I am incredibly excited to help lead the strategy at a time when infrastructure assets increasingly need scaled capital and deep operating expertise. With a flexible mandate and integrated approach to investing, I believe Apollo Infrastructure is well positioned for future growth, and I look forward to working with the team to build on the strong progress underway.”

Apollo’s Infrastructure franchise has a deep bench of talent including seven partners and 25 investment professionals dedicated to the strategy. The team focuses on mid-market businesses and assets, and key investment themes include the global energy transition, digital infrastructure, global supply chain and sustainable living.

Seekings joins Apollo from InfraRed Capital Partners where he held several leadership roles, including Managing Partner and Head of Infrastructure, overseeing a business line with over 100 professionals across London, New York and Sydney. Prior to this, he led InfraRed’s business development activities in North America and participation in public-private partnerships procurements in Canada and the U.S. He holds a Master of Philosophy in European Studies from Peterhouse, University of Cambridge and a Master of Arts with Honors in Modern History from Jesus College, University of Oxford.

About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of December 31, 2023, Apollo had approximately $651 billion of assets under management. To learn more, please visit www.apollo.com.

Contacts
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
(212) 822-0540
IR@apollo.com

Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
(212) 822-0491
Communications@apollo.com

 


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Source: Apollo Global Management, Inc.

Categories: People

ContourGlobal Appoints Antonio Cammisecra As Chief Executive Officer

KKR

London, 5 February 2024 – ContourGlobal Ltd. (“ContourGlobal”), a developer, owner and operator of power generation assets around the world, today announces the appointment of Antonio Cammisecra as CEO, effective 2 February, 2024.

During his international career at Enel Group spanning more than two decades, Antonio contributed to the expansion of Enel Green Power into a renewables supermajor and accelerated the decarbonization of a power generation fleet with 84 GW managed in 20 countries. He also led, between 2020 and 2023, the Enel Grids business overseeing a portfolio of more than 2.2 million km of power distribution lines, across eight countries.

In joining ContourGlobal, Antonio brings solid expertise in navigating structural challenges of the energy transition: from the pioneering of renewables to their massification and mainstreaming, from the sustainability transformation in the energy business to dealing with the resilience and climate adaptation of infrastructures, as well as leveraging internal talent and external ecosystems to accelerate industrial and financial innovations.

Antonio will be responsible for steering ContourGlobal’s investment strategy towards decarbonising the Company’s footprint and growing the platform in sustainable technologies critical to the transition of the power sector. He succeeds CEO Joseph C. Brandt who is stepping down after seventeen years leading the company.

Antonio Cammisecra commented: “I am thrilled to join ContourGlobal at an exciting and demanding time for the business that will undertake a solid growth strategy of its power portfolio, accelerating its renewable development activities and leading the transition of thermal assets to lower carbon solutions. This is a global trend that I have long been engaged with throughout my career. I look forward to working with the talented management team, my new colleagues, and KKR, a shareholder with an impressive track record of energy and renewables investing that brings a long-term view and is helping to accelerate the energy transition within the Company’s portfolio.”

Ryan Miller, Managing Director in KKR’s Infrastructure team and Board member of ContourGlobal, added: “We are delighted to welcome Antonio to ContourGlobal at an exciting time for the business.  ContourGlobal is a leading platform driving transition of the power sector and developing sustainable power. Antonio brings an incredible breadth of experience in leadership roles across the energy transition sector, and we are thrilled to have him on board to take ContourGlobal to the next level.”

— Ends —

About ContourGlobal

ContourGlobal is a global developer, owner, and operator of over 6.2 GW of electricity generating facilities around the world, relying on diversified technologies and driving the low-carbon transition through innovation and operational performance.  ContourGlobal generates electricity for large-scale utility and private companies in renewable electricity production with deep expertise in wind, hydro, solar and battery storage, and in thermal electricity production where we balance environmental sustainability with energy security and affordability.  ContourGlobal operates 131 assets in 20 countries across Europe, the Americas, and Africa.  ContourGlobal is committed to operational excellence, the highest standards of health and safety, and making the communities where we work better because we are there.

Media Contact: Investor.Relations@ContourGlobal.com

 

Categories: People

Cinven transitions management team

Cinven

Increased size and scope of firm supported by new leadership

International private equity firm Cinven today announces that Bruno Schick, Jorge Quemada and Supraj Rajagopalan will become equal Co-Managing Partners of the firm, reflecting the significantly increased size of the firm’s recently raised Eighth Fund, AUM, employee numbers and international footprint. Stuart McAlpine will become Chairman of the firm and remain a standing member of its Investment Committee.

Bruno, who has led Cinven’s highly successful investment strategy in the DACH region, will chair the Portfolio Review Committee, the committee that oversees the Funds’ value creation across portfolio companies, and have oversight of the portfolio; Jorge, who has driven the firm’s successful investment strategy in Iberia since inception, will chair the Investment Committee and have oversight of the Firm’s Investment activities; and Supraj, who has historically led Cinven’s healthcare sector investment team, will lead and manage the day-to-day operations of the firm as CEO and will chair the Executive Committee. Together they will determine the strategic direction and development of Cinven in collaboration with its Executive Committee and Partner group and broader Cinven team in the best interests of investors and their beneficiaries. Mr Schick and Mr Quemada will continue with their regional responsibilities. 

The evolution of the leadership team and implementation of this succession plan comes with Fund 8, Cinven’s latest fund, progressing well.  Having commenced nearly a year ago, raised $14.5bn (€13.2bn) and reached its Hard Cap, Fund 8 has made two investments, with the Cinven team pursuing an attractive investment pipeline across sectors and geographies. Cinven has successfully led three leadership succession processes since it became independent in 1995.

Cinven was founded in 1977 and it has continuously innovated in its almost 50-year history of creating compelling returns for its Limited Partners:  it raised the first billion-plus Europe-focused fund in 1996, led the first €1bn European MBO in 1998, and has raised more than €55bn since then.

Under Stuart McAlpine’s leadership, Cinven’s strategic development has continued at significant pace:  AUM has increased from €11bn to €44bn and the capacity and geographic coverage of the firm has also expanded significantly with employee numbers more than doubling to 260 with offices now in Frankfurt, Guernsey, London, Luxemburg, Madrid, Milan, New York and Paris. 

The three new Co-Managing Partners together have over 50 years of experience at Cinven and 65 years in Private Equity, and have worked closely together in the Executive Committee, Portfolio Review Committee and Investment Committee of Cinven across multiple Cinven funds.

In a joint statement, Messrs Schick, Quemada and Rajagopalan said today:

“We would like to thank Stuart for his exemplary leadership of the firm. Under his guidance, Cinven has grown significantly without compromising our distinctive culture of partnership, respect, and commitment to excellence. We are delighted the firm will continue to benefit from his experience as Chairman and a member of our Investment Committee. 

As Co-Managing Partners, we look forward to leveraging our long-standing, close relationship as we steer the firm into its next phase of growth and continue our track record of delivering exceptional returns for our investors. 

The private equity asset class is evolving at the fastest rate in its long history and we are confident that our new management structure and leadership team – working alongside our exceptional colleagues across Europe and the U.S. – see us well-placed to capture future growth and innovation. 

We are excited and humbled to have been given the opportunity to serve our investors, our Cinven team, and our other stakeholders as we embark on this new chapter.”

Mr McAlpine added:

“It has been an enormous privilege to lead Cinven for the last eight years. In partnership with our exceptional team, I have been proud to oversee a period of growth, innovation and strategic development for our firm. As we look to the future, I am delighted to step up into the role of Chairman and I look forward to supporting Bruno, Jorge and Supraj as they take over the day to day running of the firm. I know we will continue to go from strength to strength.”

Related news

Categories: People

Blackstone Announces Thomas R. Nides as Vice Chairman, Strategy and Client Relations

Blackstone

New York – January 29, 2024 – Blackstone (NYSE: BX) announced today that Thomas R. Nides, former long-time Vice Chairman of Morgan Stanley, Deputy Secretary of State, and Ambassador to Israel has joined the firm as Vice Chairman, Strategy and Client Relations. In this new role, Mr. Nides will support a variety of strategic firmwide initiatives and special projects, as well as focus on senior client relationships globally.

Stephen A. Schwarzman, Co-Founder, Chairman and CEO said: “We are delighted to welcome Tom Nides to Blackstone. Tom has operated at the highest levels of both the public and private sectors and brings a wealth of relationships across the financial, government and geographic spectrum. We are still in the early innings of our global expansion and believe he will be a tremendous asset to our people and clients.”

Tom Nides said: “Blackstone’s world-class people, consistent outperformance, and high-integrity culture have contributed to its stature as a leading global investment platform with considerable wind at its back. I’m excited to join this high-caliber team to help support the firm’s continued growth.”

Mr. Nides has extensive experience in both the public and private sector. He served as the United States’ Ambassador to Israel from 2021 to 2023. Prior to that, he spent over a decade at Morgan Stanley in various capacities including Chief Operating Officer and Vice Chairman. Nides was appointed Deputy Secretary of State and Chief Operating Officer of the U.S. State Department by President Barack Obama and was awarded the nation’s highest diplomatic honor by Secretary of State Hillary Clinton for his service. He has also previously been a senior leader at Credit Suisse, Fannie Mae, the Office of the U.S. Trade Representative, and on Capitol Hill.

Nides currently serves on the boards of the Partnership for Public Service, the International Rescue Committee, the Center for Strategic and International Studies (CSIS), and the Urban Alliance Foundation. He received his B.A. from the University of Minnesota. He formerly served as chairman of the board of the Woodrow Wilson Center.

About Blackstone
Blackstone is the world’s largest alternative asset manager. We seek to deliver compelling returns for institutional and individual investors by strengthening the companies in which we invest. Our more than $1 trillion in assets under management include global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

Media Contact
Matt Anderson
518-248-7310
Matthew.Anderson@blackstone.com

Categories: People

Renovus Capital Partners Welcomes Jason Tanker to Lead Growing Technology Services Practice

Renovus

WAYNE, PA – January 24, 2024 – Renovus Capital Partners (“Renovus”), a Philadelphia-area based investment firm, is pleased to announce today that Jason Tanker, a seasoned private equity professional, has joined the team as Managing Director to oversee the firm’s Technology Services practice. In this new role, Tanker will work closely with leadership to identify new investment opportunities, implement growth strategies and create value within portfolio companies.

Tanker brings over fifteen years of middle market private equity experience to Renovus. He has an extensive track record in the technology services space, with several successful prior investments and a proven reputation for working hand-in-hand with executive teams to unlock potential and maximize value.

“Jason is an ideal addition to Renovus as we continue our commitment to building an A+ team,” said Jesse Serventi, Founding Partner at Renovus. “He brings significant experience to our Technology Services practice and will play an integral role in capitalizing on the many attractive opportunities we see in the area.”

“I’m thrilled to join Renovus at this exciting time for the firm,” added Tanker. “Renovus offers an unrivaled partnership for founders and management teams in the lower middle market, providing not just capital but a compelling fusion of expertise and resources. I look forward to building on the firm’s fantastic track record of nurturing high-performing companies and accelerating growth.”

Tanker most recently worked for more than a decade at Norwest Equity Partners. He is a Philadelphia native and received his MBA from the Wharton School at the University of Pennsylvania and his BBA in Finance and Accounting from the University of Michigan.

Categories: People

Kimmo Rauhala appointed new CEO of LEDiL

Ratos

Ratos has appointed Kimmo Rauhala as the new CEO of LEDiL. He joined LEDiL in 2020 as Chief Commercial Officer and is a proven leader with more than 30 years of international business experience. He will assume his new position today.

Kimmo Rauhala’s long experience covers several different industries and business segments, including multi-disciplined engineering, design and automotive. Before he joined LEDiL in 2020 he came from a senior position in AQ Trafotek under the listed company AQ Group from the field of power electronics. He is experienced in leading global operations with large key accounts.

“I’m delighted that Kimmo Rauhala is the new CEO of LEDiL. He knows the company well and is a natural successor. He has played an active and important role in LEDiL’s positive development in recent years. Furthermore, he has a broad skillset and long experience that will be important to maintaining the positive trend in LEDiL and its continued profitable growth journey through both organic growth and add-on acquisitions in the coming years,” says Jonas Wiström, Chairman of the Board, LEDiL and President & CEO, Ratos.

“I am proud and honored to have the opportunity to lead LEDiL. We will continue to grow through innovations and highest quality customer service going forward. The future for secondary optics for LED lighting is bright as our state-of-the-art optical solutions help create light that enhances wellbeing, functionality, safety and sustainability when we are building a more sustainable society. LEDiL has a unique position in this market. Together with the great team at LEDiL, I am looking forward to taking the company to the next level, says Kimmo Rauhala, CEO, LEDiL.

The former CEO of LEDiL, Petteri Saarinen, has decided to take on new challenges outside the company.

About LEDiL
LEDiL is a Finnish based, global leader within secondary optics for LED lighting. The company designs, develops and sells secondary optics for LED lighting globally. Secondary optics process light from the LED to achieve the luminaries’ optimal function, with the highest energy efficiency possible. Development and design are carried out in Salo, Finland. Products are sold worldwide through the company’s own sales force, agents and distributors. The company’s products are primarily used in commercial applications such as street lighting, retail and offices. The number of employees is approximately 110.

For more information, please contact:
Jonas Wiström, Chairman of the Board, LEDiL and President & CEO, Ratos, +46 8 700 17 00
Josefine Uppling, VP Communication, Ratos, +46 76 114 54 21
Kimmo Rauhala, CEO, LEDiL, +35 8 50 558 37 68

About Ratos
Ratos is a business group consisting of 17 companies divided into three business areas: Construction & Services, Consumer and Industry. The companies have approximately SEK 34 billion in net sales (LTM). Our business concept is to own and develop companies that are or can become market leaders. We have a distinct corporate culture and strategy – everything we do is based on our core values: Simplicity, Speed in execution and It’s All About People. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas.

Categories: People