Volpi Capital expands its investment team with the appointment of Erik Berggren

No Comments

Volpi Capital

London, 6 March 2019: Volpi Capital (“Volpi”), a specialist European lower mid-market private equity firm, is pleased to announce that Erik Berggren has joined its investment team. Erik’s appointment takes Volpi’s total headcount to 11, including 7 investment professionals.

Working as part of Volpi’s investment team, Erik will help source and execute deals across Europe, particularly in the Nordic region. In addition, he will also work with current and prospective portfolio company management teams to help them realise their growth objectives.

Erik, whose background includes investment banking and consulting, joins from Arma Partners, where he provided M&A advisory services to technology companies for three years. During his time at Arma Partners, Erik advised on transactions predominantly in the Nordic, German and UK markets. Prior to this, he worked at Deloitte in London, advising private equity houses and their portfolio companies.

Erik is Swedish – taking Volpi’s spread of nationalities to 9 – and holds a first class undergraduate degree from King’s College, London.

Commenting on the appointment, Marco Sodi from Volpi Capital said: “We are delighted that Erik has joined Volpi. Erik brings significant technology sector expertise, which aligns well with our thesis driven origination and investment approach, targeting investment in ambitious businesses using technology to disrupt traditional business models and processes.

“Since 2016, we have established a strong, internationally diverse and talented team that will deliver long-term success. We look forward to further additions to the team over the next twelve months, as we continue to expand and develop as a specialist European lower mid-market firm.”

Erik added: “This is a great opportunity to join a firm that is on a clear upwards trajectory and which has made strong progress in a short period of time. I was particularly drawn to Volpi’s ‘pick-your-partner’ approach when working with company owners and management teams, their industry specialist focus and their entrepreneurial and ambitious culture.

“I look forward to working with the team, the portfolio company management teams, as well as our limited partners.”

Volpi successfully closed its maiden fund – Volpi Capital Fund I – at its €185m hard cap in April 2018. Volpi’s current portfolio companies are CycloMediaVersion 1Medinet and Digital Barriers.

Volpi was founded in 2016 by Crevan O’Grady and Marco Sodi.

About Volpi Capital

Volpi Capital is a specialist European lower mid-market private equity firm. Volpi has a thesis-driven approach targeting ambitious businesses using enabling technologies to disrupt traditional B2B value chains. Volpi typically invests €25-75 million of equity in businesses with enterprise values between €50 million and €200 million and seeks to drive transformative growth through international expansion and consolidation. The firm, which was founded in 2016 by Crevan O’Grady and Marco Sodi, closed its first fund (Volpi Capital Fund I) in April 2018 with commitments of €185 million.

http://www.volpicapital.com

For all media enquiries, please contact:

Instinctif Partners

Ross Gillam/Justine Crestois

+44 20 7457 2020

volpi@instinctif.com

Categories: Personalia

Tags:

HQ Equita strengthens leadership team and initiates a generation change

HQ Capital

Bad Homburg, 6 March 2019 – HQ Equita, the mid-cap buyout arm of HQ Capital and a successful partner for small and medium-sized enterprises in the German-speaking area for about three decades, strengthens its management team and initiates the generational change. Christine Weiß, who joined HQ Equita in 2006 and became a Partner in 2014, is appointed Managing Director of HQ Equita. Frank Schäfer, Matthias Tabbert and Florian Wiemken are appointed Partners.

 

Frank Schäfer has been part of HQ Equita’s Investment Team since 2012. During this time, he was involved in the management and successful sales of ISOLITE and MEN. Most recently, he completed the acquisitions of r2p Group and Open Access (Sydney).

 

Matthias Tabbert has over ten years of experience in the mid-cap buyout business and joined HQ Equita’s Investment Team in early 2011. He has worked on various portfolio company acquisitions and exits, including WindStar Medical and Well Plus Trade.

 

Florian Wiemken has been a member of HQ Equita’s Investment Team since 2012 and has been involved in numerous transactions over the past seven years, including the acquisition, management and successful sale of Rovema Group.

 

Torsten Krumm, who has been responsible for leading the generation change at HQ Equita and has successfully strengthened its management team, will head the Investment Committee in a new role in the future.

 

The team has been working together successfully for many years and has been instrumental in the development of HQ Equita. With the generational change and the support of Managing Director and Partner Hans J. Moock, who has been working for HQ Equita for more than 13 years, continuity in the management of HQ Equita will be ensured.

 

“As an experienced and proven team, we are optimally positioned to further develop HQ Equita. Together, we will continue to consistently realize attractive investment opportunities and support the growth strategies and development of our portfolio companies in a sustainable manner”, says Christine Weiß.

 

“The generation change is the next logical step in HQ Equita’s onward development as a specialist for primary investments in SMEs,” says Dr Bernd Türk, Managing Director of HQ Capital. “These appointments lay the foundation for stability and continuity. I am pleased to work with this dynamic team.”

 

With the strengthened management team, HQ Equita intends to expand its existing relationships with entrepreneurs, enhance its investment focus and raise its profile in the market.

Categories: Personalia

Tags:

– Blair Fleming Joins Onex to Accelerate Loan Originations

Onex

Toronto, March 4, 2019 – Onex Corporation (“Onex”) (TSX: ONEX) today announced Blair
Fleming has joined Onex Credit as Head of Origination to accelerate development of the firm’s
middle-market origination capabilities.
“Onex Credit has grown from several hundred million to nearly $11 billion of assets under
management today,” said Michael Gelblat, Chief Executive Officer and Chief Investment Officer
at Onex Credit. “Blair’s proven abilities and long-standing financial sponsor relationships will be
valuable assets to the firm and our investors as we continue our growth.”
Walt Jackson, Portfolio Manager and Head of Private Debt at Onex Credit added, “I’m delighted
to be partnering with Blair to accelerate our origination efforts and continue to expand our private
lending business.”

Mr. Fleming has more than thirty years of experience in capital markets, most recently as U.S.
Head of Investment Banking at RBC Capital Markets. Prior to that, he held several roles within
RBC, including Head of U.S. Capital Markets.
“Joining Onex Credit is a unique opportunity for me, having known and worked with Onex for
more than 20 years,” said Mr. Fleming. “It’s an exciting time to join Onex Credit and help
accelerate growth of the platform.”

About Onex
Onex is one of the oldest and most successful private equity firms. Through its Onex Partners and
ONCAP private equity funds, Onex acquires and builds high-quality businesses in partnership with
talented management teams. At Onex Credit, Onex manages and invests in leveraged loans,
collateralized loan obligations and other credit securities. Onex has $31 billion of assets under
management, including $6.4 billion of Onex proprietary capital, in private equity and credit
securities. With offices in Toronto, New York, New Jersey and London, Onex and the team are
collectively the largest investors across Onex’ platforms.
Onex’ businesses have assets of $51 billion, generate annual revenues of $32 billion and employ
approximately 217,000 people worldwide. Onex shares trade on the Toronto Stock Exchange
under the stock symbol ONEX. For more information on Onex, visit its website at
www.onex.com. Onex’ security filings can also be accessed at www.sedar.com.

This news release may contain forward-looking statements that are based on management’s current
expectations and are subject to known and unknown uncertainties and risks, which could cause
actual results to differ materially from those contemplated or implied by such forward-looking
statements. Onex is under no obligation to update any forward-looking statements contained
herein should material facts change due to new information, future events or otherwise.

For further information:
Emilie Blouin
Director, Investor Relations
Tel: +1 416.362.7711

Categories: Personalia

Tags:

Bertrand Meunier to retire from CVC Capital Partners in 2020

Jean-Christophe Germani promoted to head of private equity operations in France

CVC Capital Partners (“CVC”) today announces that Bertrand Meunier has decided to retire from CVC in 2020, after seven years at the firm. Jean-Christophe Germani has been promoted to the head of CVC’s private equity operations in France.

Jean-Christophe joined CVC in 2013 from Goldman Sachs. For the last 5 years he has worked alongside Bertrand helping build CVC’s successful franchise in France.

Categories: Personalia

ICG appoints Jamie Rivers as a Managing Director in the UK Equity and Mezzanine team

Intermediate Capital Group (ICG) is pleased to announce the appointment of Jamie Rivers as a Managing Director in the UK Equity and Mezzanine team.

Jamie has joined ICG from BC Partners, where he worked for 15 years, originating and executing private equity investments, primarily in the UK. These included Acuris, CarTrawler, Cote Restaurants, Elysium and VetPartners.

In his new role at ICG, Jamie will focus on seeking investment opportunities among UK-headquartered companies for the European investment strategy. This is one of ICG’s largest investment strategies, which supports the long-term growth of private companies across Europe by providing flexible capital solutions to support the strategic ambitions of management teams. In November 2018 ICG’s Europe Fund VII closed with €4bn of third party commitments, a 60% increase on its predecessor fund, and total commitments of €4.5bn.

Benoît Durteste, Chief Executive of ICG, said: “ICG’s investment approach is predicated on having deep, on the ground investment expertise and Jamie has an excellent track record of making successful investments in the UK market. We are delighted he has joined the team.”

Jamie Rivers said: “ICG has a strong track record of working with management teams to support their growth ambitions and, as a result, delivering strong investment returns. I am delighted to have joined the team.”

For further details please contact:

ICG
Alicia Wyllie
Director, Co-Head of Corporate Communications
Tel: +44 (0)203 201 7994
Mobile: +44 (0)7808 610080
Email: alicia.wyllie@icgam.com

Maitland
Sam Turvey
Partner
Tel: +44 (0)207 379 5151
Mobile: +44 (0)78 2783 6246
Email: sturvey@maitland.co.uk

Categories: Personalia

Change of management at HQ Capital

HQ Capital

Frankfurt/New York, 14 February 2019 – Dr. Bernd Türk, former spokesman for the management of Harald Quandt Holding, is appointed to the management of HQ Capital. Dr. Türk is a proven finance expert with over 25 years of experience in the financial and banking industry.

Dr. Türk follows Dr. Georg Wunderlin, who leaves the firm at his own request to pursue new interests outside of HQ Capital. Dr. Wunderlin has been responsible for HQ Capital as its COO since 2012, and CEO since 2016.

 

Gabriele Quandt, shareholder of the Harald Quandt Group says: “The Harald Quandt family and the HQ Capital Supervisory Board thank Dr. Wunderlin for his great contribution to the development of HQ Capital in recent years and wish him well. We look forward to further cooperation with Dr. Türk in his new position at HQ Capital.”

 

Dr. Wunderlin says: “We have been able to raise significant levels of new assets for HQ Capital in the past years and 2018 has been another record year for the firm. With an excellent team and an impressive client base, HQ Capital is perfectly positioned for future success. I warmly congratulate Bernd on his new position and wish him and the HQ Capital team every success for the future.”

 

Dr. Bernd Türk says: “HQ Capital is optimally positioned for further growth. I am looking forward to leading this fine team and the firm into the next phase of development.”

 

HQ Capital will continue its growth strategy with the goal of further expanding its position as a leading specialist in private equity and real estate.

Categories: Personalia

Ronnie Leten appointed new Chair at Piab

Investor

Press release

Stockholm, February 8, 2019

Ronnie Leten appointed new Chair at Piab
Ronnie Leten has been appointed Chair at Piab, a subsidiary within Patricia Industries,
effective February 11, 2019, succeeding Anders Jonsson. Ronnie Leten is currently
Chair in Ericsson and Epiroc and a board member of SKF. He will resign as board
member of IPCO.

For further information:
Viveka Hirdman-Ryrberg, Head of Corporate Communication and Sustainability,
Phone +46 70 550 3500
viveka.hirdman-ryrberg@investorab.com
Magnus Dalhammar, Head of Investor Relations,
Phone +46 735 24 2130
magnus.dalhammar@investorab.com

Categories: Personalia

The Carlyle Group Names Stacey Dion Global Head of Government Affairs

Carlyle

Washington, DC – Global investment firm The Carlyle Group (NASDAQ: CG) announced today that Carlyle Managing Director Stacey Dion was promoted to Global Head of Government Affairs. Ms. Dion will lead Carlyle’s global government relations and public policy functions, collaborating with Carlyle senior executives and investment professionals to shape Carlyle’s global legislative and regulatory activities.

Carlyle Co-CEO Glenn Youngkin said, “We are excited for Stacey to move into this global leadership position. In her time at Carlyle she has played key roles on a range of government and regulatory matters for the firm and our global portfolio, including supporting Carlyle’s winning bid for the revitalization of JFK Airport.”

Ms. Dion said, “I am thrilled to be leading Carlyle’s global government affairs team. The rising importance of private capital in the global economy requires that Carlyle and our peers constructively engage with multiple stakeholders around the world. I look forward to working with my colleagues and many others in the policy community to create value for the firm and our global portfolio.”

Ms. Dion joined Carlyle in 2016 as a Managing Director, focusing on U.S. government regulatory and legislative matters. Prior to joining Carlyle, Ms. Dion served as Vice President of Corporate Public Policy for The Boeing Company. Before to moving to the corporate sector, Ms. Dion served as a Policy Advisor and Counsel in the Office of the Republican Leader, a Tax and Pension Policy Advisor in the Office of the Majority Leader and worked in the Employee Benefits Security Administration in the U.S. Department of Labor, as well as in private legal practice in Washington, DC.

Ms. Dion earned her B.A. from Merrimack College and J.D. from The Catholic University of America.

* * * * *

About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global investment firm with $212 billion of assets under management. Carlyle strives to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Credit and Investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,625 people in 31 offices across six continents.

Web: www.carlyle.com
Videos: www.youtube.com/onecarlyle
Tweets: www.twitter.com/onecarlyle
Podcasts: www.carlyle.com/about-carlyle/market-commentary

Contact:

Elizabeth Gill
Phone: 202-729-5385
elizabeth.gill@carlyle.com

Categories: Personalia

DIRK SMULDERS takes over as CEO of DIESEKO GROUP

NPM Capital

Dirk Smulders (42) assumed the role of CEO and Chairman of the Board at Dieseko Group on 1 January 2019. He succeeded Ton Kraak, who will remain a shareholder and consultant of the company. Kraak had served as CEO of the Group since 2008. As Chief Operations Officer (COO), Smulders had been a Board member since September 2017.

In his new role as Chairman and CEO, Dirk Smulders is responsible for implementing the strategy set and refining it where necessary. Dieseko’s key strategic objective has remained unchanged: to continue the company’s growth and further develop it as a global market leader in high-quality, innovative vibro technology.

Dirk Smulders: “I feel it’s a huge honour, as well as a challenge, to be given the opportunity to be CEO of Dieseko Group. I look forward to providing our customers worldwide with even better services through our innovative products, together with my fellow board members, management and employees. I would like to thank my predecessor, Ton Kraak, for his valuable guidance during my enjoyable training period and the Works Council, Supervisory Board and our shareholder NPM Capital for the trust they have placed in me.”

Read the profile of Dieseko Group

Categories: Personalia

Cristina Stenbeck, Erik Mitteregger and Mario Queiroz will not stand for re-election in 2019

Kinnevik

Cristina Stenbeck, Erik Mitteregger and Mario Queiroz will not stand for re-election in 2019, and the Nomination Committee proposes two new Directors to the Kinnevik Board

 

Kinnevik AB (publ) (“Kinnevik”) today announced that it has been informed that Cristina Stenbeck, Erik Mitteregger and Mario Queiroz have decided not to stand for re-election to Kinnevik’s Board of Directors at the 2019 Annual General Meeting, and that the Nomination Committee will propose Susanna Campbell and Brian McBride as new Board members.

Cristina Stenbeck was elected to the Board of Kinnevik in 2003 as Deputy Chairman. Over the last 16 years, she has led the transformation of Kinnevik from a mobile, media and packaging investment holding company into a leading digital growth investor. Cristina will continue to support the business and influence material strategic matters in her role as an active owner. She will also continue to lead the Nomination Committee work together with her partners.

James Anderson, Member of the Nomination Committee, commented:

“On behalf of all shareholders, this is a moment to reflect on the extraordinary commitment, energy and leadership that Cristina has provided over the last 16 years. Her willingness to take responsibility from a young age has been remarkable and the many achievements of the company she has led have been admirable. We are confident that Cristina’s thoughts and ambitions and her backing as principal shareholder will continue to be deeply beneficial to Kinnevik, to its now established management team, and to our work on the Nomination Committee.”

Susanna Campbell currently serves as Chairman of Röhnisch Sportswear, Ljung & Sjöberg, and Babyshop Group. She is currently a Board member of Telia Company, Indutrade, Northvolt and Nalka Invest, as well as a member of Norrsken’s Investment Committee. Between 2012-2016, she was the Chief Executive Officer of Swedish investment firm Ratos, having joined the company in 2003 from McKinsey & Co. Susanna holds an MSc from Stockholm School of Economics.

Brian McBride is the former Chairman of ASOS, the global online fashion and beauty retailer. He is currently a non-executive director of Wiggle, a private-equity owned online cycling and apparel business, and of AO World, an online retailer specializing in household appliances. Brian also sits on the UK government’s Government Digital Service Advisory Board, supporting the delivery of digital quality public services, is a senior adviser at Lazard, and a member of the Advisory Board of Scottish Equity Partners. Prior to assuming Chairmanship of ASOS, Brian was the Managing Director of Amazon UK, and prior to that the Managing Director of T-Mobile UK.

Cristina Stenbeck, Chairman of the Nomination Committee, commented:

“The Nomination Committee is pleased to be able to propose the elections of Susanna Campbell and Brian McBride. Susanna brings experience from different stages of private investing in sectors like e-Commerce, Healthcare and TMT. Susanna has also agreed to serve as Chairman of the Board’s Remuneration Committee, and will join its Audit Committee. In Brian McBride, Kinnevik will have a Director with an exceptional operational background from e-Commerce and TMT, drawing on his experience at companies such as ASOS, Amazon and T-Mobile. The Board looks forward to leveraging Brian’s insights gained during his distinguished career.”

Cristina Stenbeck continued:

“Susanna will replace Erik Mitteregger, who joined Kinnevik’s Board already back in 2004. During his 15-year tenure Erik has consistently stood for value creation for all shareholders, the systematic release of capital through consolidation, and the re-allocation of capital into growth companies. In a fast-changing environment, he has driven important strategic initiatives that have come to define Kinnevik during these eventful years. Mario Queiroz has after three years on the Board of Kinnevik also decided not to stand for re-election. Mario has since joining the Board contributed with valuable perspectives on the importance of technological and product platforms within Kinnevik’s investee companies. For this, I am joined by the many who thank them.”

The Nomination Committee’s complete proposals will be presented in the notice convening Kinnevik’s Annual General Meeting to be held on 6 May 2019. The Nomination Committee comprises Cristina Stenbeck appointed by Verdere S.à r.l. and Camshaft S.à r.l., Hugo Stenbeck appointed by AMS Sapere Aude Trust, James Anderson appointed by Baillie Gifford, Ramsay Brufer appointed by Alecta, and Marie Klingspor.

This information is information that Kinnevik AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 08.00 CET on 18 January 2019.

Categories: Personalia

Tags: