KKR to Present at the Citi 2019 Asset Managers, Broker Dealers & Exchanges Conference

KKR

02.14.19

NEW YORK–(BUSINESS WIRE)–Feb. 14, 2019– KKR & Co. Inc. (NYSE: KKR) announced today that William J. Janetschek, Chief Financial Officer, and Craig Larson, Head of Investor Relations, will present at the Citi 2019 Asset Managers, Broker Dealers & Exchanges Conference on Wednesday, February 27, 2019 at 10:25 AM ET.

A live audio webcast of the presentation will be available on the Investor Center section of KKR’s website at http://ir.kkr.com/kkr_ir/kkr_events.cfm. For those unable to listen to the live audio webcast, a replay will be available on the website shortly after the event.

Any questions regarding the webcast may be addressed to KKR’s Investor Relations group at investor-relations@kkr.com.

ABOUT KKR

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate and credit, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

Source: KKR & Co. Inc.

Investor Relations:
Craig Larson
Tel: +1 (877) 610-4910 (U.S.) / +1 (212) 230-9410
investor-relations@kkr.com

Media:
Kristi Huller or Cara Major
Tel: + 1 (212) 750-8300
media@kkr.com

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EURAZEO brands strengthens its european strategy with a new team in Paris

Eurazeo

Paris, February 14th, 2019 – Eurazeo Brands, Eurazeo’s investment division dedicated to fast growing consumer brands, has built a new team in Paris to lead the investment strategy in Europe, with the appointment of Laurent Droin as Managing Director, and Célia Nataf as Senior Associate.
Laurent Droin brings extensive consumer, retail and luxury expertise, having worked for 20 years in the industry in both corporate and advisory roles. Prior to joining Eurazeo, he spent 10 years at BNP Paribas as a Managing Director focused on mergers and acquisitions. He was most recently based in New York, where he successfully rebuilt the bank’s consumer franchise, focusing on beauty, personal care, and apparel. Previously, he spent nine years at Danone in various strategic and operational roles in France, Argentina and Russia. This brand enthusiast has been personally investing alongside successful entrepreneurs for many years.

Célia Nataf is joining the Eurazeo Brands team in Paris and will be responsible for sourcing, executing and monitoring European investments. She previously spent five years as part of Eurazeo Capital, specializing in the consumer, retail and luxury industries. She participated in the creation of Carambar & Co, a European carve-out in the branded food industry, and in the structuring and monitoring of Planet, a global tax free and payment company. Prior to Eurazeo, she worked in the mergers and acquisitions team at Barclays Capital in Paris, where she carried out assignments for investment funds and industrial players.

Eurazeo Brands’ mission is to invest a total of $800 million in high potential North American and European consumer companies with differentiated brands across a wide range of verticals including beauty, fashion, home, wellness, food and beverage, and leisure. The firm partners with visionary founders and strong management teams to drive transformational growth and accelerate value creation by leveraging Eurazeo’s unique capabilities. Investments to date include Pat McGrath Labs and Nest Fragrances. The founders of these companies selected Eurazeo Brands due to its sector and operating expertise, proven track record building brands, and extensive international reach with offices across four continents. These new appointments will enable Eurazeo Brands to be the investment partner of choice for aspirational, consumer driven companies in Europe seeking value-added capital to develop their businesses globally.

About Eurazeo
Eurazeo is a leading global investment company, with a diversified portfolio of €17 billion in assets under
management, including nearly €11 billion from third parties, invested in over 300 companies. With its
considerable private equity, venture capital, real estate, private debt and fund of funds expertise, Eurazeo
accompanies companies of all sizes, supporting their development through the commitment of its 235
professionals and by offering deep sector expertise, a gateway to global markets, and a responsible and stable
foothold for transformational growth. Its solid institutional and family shareholder base, robust financial
structure free of structural debt, and flexible investment horizon enable Eurazeo to support its companies over
the long term. Eurazeo has offices in Paris, New York, Sao Paulo, Buenos Aires, Shanghai, London,
Luxembourg, Frankfurt and Madrid.

• Eurazeo is listed on Euronext Paris.
• ISIN: FR0000121121 – Bloomberg: RF FP – Reuters: EURA.PA
***
EURAZEO CONTACTS CONTACT PRESSE
CAROLINE COHEN
HEAD OF INVESTOR RELATIONS
E-mail: ccohen@eurazeo.com
Tél: +33 (0)1 44 15 16 76
VIRGINIE CHRISTNACHT

HEAD OF COMMUNICATIONS
E-mail: vchristnacht@eurazeo
Tél: +33 (0)1 44 15 76 44
MAITLAND / AMO
David Stürken
E-mail: dsturken@maitland.co.uk
Tél: +44 (0) 20 7395 0450
For more information, please visit the Group’s website : www@eurazeo.com
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Altamar closes latest secondary Fund on €541M

altamar-logo

The firm has announced that it has reached the final close of 541 millions of euros for its latest secondaries Fund, Altamar Global Secondaries IX FCR. The vehicle was launched in 2016 with a 500 millions of euros target, and has closed not far short of reaching its 550 millions of euros hard cap.

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Proposal by the Board of Directors concerning dividend in Ratos and publication of report for the fourth quarter and full-year 2018

Ratos

2019-02-07

At a Board meeting today, the Board of Directors of Ratos AB decided to propose that a dividend of SEK 0.50 (2.00) per share is paid for the 2018 financial year. Given that the Board’s proposal entails a lower dividend, Ratos has also decided to publish its report for the fourth quarter and full-year 2018 earlier than planned. The report will be published today.

The Board has decided to propose a dividend of SEK 0.50 (2.00) per share. The aim of this proposed dividend is to maintain Ratos’s favourable financial position in light of the Group’s results for 2018.

“The proposed dividend should be seen in the light of Ratos being able to stand strong for the future and Ratos’s financial performance in 2018. This will provide us with greater scope to take advantage of any opportunities that may arise” says Ratos’s Chairman of the Board Per-Olof Söderberg.

Since the Board’s proposal concerning dividend is based on Ratos’s financial development during 2018, the company therefore needs to publish this. Ratos therefore brings forward the publication of the report for the fourth quarter and full-year 2018 to date. The preannounced reporting date was February 15, 2019.

A teleconference will be held at 10:00 a.m. tomorrow, 8 February. To participate in the teleconference, call +46 8 505 583 59 (SE), +44 33 3300 9269 (UK) or +1 833 526 8380 (US) five minutes before the conference starts. This teleconference will be held instead of the teleconference on 15 February.

The full dividend proposal will be presented in the notice of the Annual General Meeting.

All infromation related to the year-end report can be found here.

For further information, please contact:
Jonas Wiström, CEO Ratos, +46 8 700 17 00
Helene Gustafsson, Head of IR and Press Ratos, +46 8 700 17 98

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Altor completes successful fundraising for Fund V

Altor

Altor has closed its fifth fund, Altor Fund V. The Fund held a single closing at its hard cap of EUR 2.5 billion after a brief fundraising period, where the Fund was substantially oversubscribed. Altor will continue investing in and developing mid‐market companies in the Nordic region but will also focus on opportunities in the German speaking‐region (DACH). The fund is domiciled in Stockholm, Sweden.

93% of the capital has been committed by existing investors, with only a select group of new investors being invited. The investor base consists mainly of university endowments from the US, charitable foundations, insurance companies and pension funds. Nordic and DACH investors represent 32% of total commitments, with remaining capital being committed by investors mainly from the US, elsewhere in Europe and Middle East.

Altor’s previous funds have generated strong total returns since inception in 2003, with overall gross IRR of 26%. Realized total returns have generated a gross IRR of 35% and a money multiple of 3.7x. Altor has consistently been ranked among the leading Private Equity firms globally based on long-term performance. Altor retains its longstanding ambition to create value and generate superior returns by building world‐class companies.

As with prior funds, the new fund will have a 15-year investment term. Investments will generally be made in private companies with revenues typically in the range of EUR 50 to 500 million. More than 50% of investments have been made in partnerships with founders or corporates. The new fund has, as with its predecessors, a flexible investment mandate, which allows for minority investments in publicly traded companies and distressed debt.

“The past year has been an exciting year for Altor, with several exciting new investments (including FH Gruppen, LRF Konsult, O’Learys, Trioplast, Gnist and KonfiDents), the recent partial realization of Orchid as well as our expansion into DACH through our new Zürich‐office” commented Harald Mix, Partner at Altor. “We have during the period also promoted three new partners and also made a number of senior and junior hires to deepen and strengthen the Altor team.”

Altor Fund V is managed by Altor Fund Manager – an authorized manager under the Alternative Investment Funds Act, regulated by the Swedish Financial Supervisory Authority.

“Demand for Altor Fund V has been extremely strong, with many existing investors increasing the size of their investment as well as significant interest from new investors,” said Laurence Zage, a Managing Director at Monument Group, the private fund placement agent supporting Altor in the fundraising process. “This is testament not only to Altor’s track record of value creation and ability to generate superior returns, but also their trustworthiness and transparency. We are proud to have assisted Altor with each of their previous fundraises in a relationship that dates back more than 15 years.”

For more information:
Harald Mix, Partner Altor: tel +46 8 678 91 00
Tor Krusell, Head of Communications Altor: tel. +46 70 543 8747

About Altor
Since inception, the family of Altor funds has raised some EUR 8.3 billion in total commitments. The funds have invested in excess of EUR 4.2 billion in roughly 60 companies. The investments have been made in medium sized, predominantly Nordic, companies with the aim to create value through growth initiatives and operational improvements. Among current and past investments are Byggmax, Carnegie Investment Bank, Dustin, Helly Hansen, Lindorff and SATS ELIXIA. For more information visit altor.com.

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EURAZEO growth reinvests in CONTENTSQUARE to accelerate its development

Eurazeo

Paris, January 24, 2019 – Eurazeo has announced the sale to AXA of its 22% stake in Capzanine,
an independent European management company specializing in private investment.
Since entering Capzanine’s share capital in October 2015, Eurazeo and AXA have helped Capzanine
accelerate its growth in the debt and equity sectors and develop international partnerships.
During this period, Capzanine has significantly expanded its business, increasing assets under
management from €1.1 billion to €2.5 billion.

This transaction is accompanied by the assumption by AXA and other investors of all Eurazeo
commitments in funds managed by Capzanine, excluding an €8 million commitment in Capzanine
Situations Spéciales.

The transaction amount is approximately €82 million. This includes shares in the management
company on which Eurazeo realizes a multiple of just over 3x the initial investment and fund shares
recently subscribed by Eurazeo.
**
About Eurazeo
Eurazeo is a leading global investment company, with a diversified portfolio of €17 billion in assets under management, including nearly €11 billion from third parties, invested in over 300 companies. With its considerable private equity, venture capital, real estate, private debt and fund of funds expertise, Eurazeo accompanies companies of all sizes, supporting their development through the commitment of its 225 professionals and by offering deep sector expertise, a gateway to global markets, and a responsible and stable foothold for transformational growth. Its solid institutional and family shareholder base, robust financial structure free of structural debt, and flexible investment horizon enable Eurazeo to support its companies over the long term. Eurazeo has offices in Paris, New York, Sao Paulo, Buenos Aires, Shanghai, London, Luxembourg and Madrid.

o Eurazeo is listed on Euronext Paris.
o ISIN: FR0000121121 – Bloomberg: RF FP – Reuters: EURA.PA

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AXA Venture Partners (AVP) raises $150 million for second Early Stage Fund.

AXA

AVP, a venture capital firm investing in high-growth technology companies, announces it has
completed the first closing of the second vintage of its Early Stage Fund (AVP Early Stage II)
with $150 million (€130 million). The first Early Stage Fund, a $110 million vehicle raised 2015,
has now been successfully deployed. The launch of the second Fund confirms AVP’s ambition
and commitment to early stage venture investing.

The fundraise has generated strong interest from existing and new investors and confirms the
differentiation of AVP’s approach to venture investment: strong team with deep sector
expertise, global presence and ability to add value beyond capital, notably through business
development opportunities with the investors of the Fund.
Similar to AVP Early Stage I, AVP Early Stage II will focus on North America, Europe & Israel and
will aim to invest in outstanding technology businesses, pre and early revenue, in enterprise
SaaS, consumer platform and SME solutions, with particular focus on fintech and digital health.
AVP Early Stage II will write initial checks up to $6 million and will support entrepreneurs in
their ambition by providing them business development opportunities with AXA and any other
relevant corporations.

AVP confirms with this fundraise, its position as a unique platform for investments in
technology with $600 million of assets under management (AUM) through three pillars of
investment expertise: Early Stage Fund, Growth Stage Fund and Fund of Funds, allowing its
investors to choose the most appropriate solution for tech investing.
AVP’s ambition is to become a preferred partner for entrepreneurs looking to grow their
business in Europe, North America and Israel. Since 2015, AVP has supported more than 40
companies in the Early and Growth stages with a focus on the following verticals: digital health,
cyber-security, enterprise software, artificial intelligence, fintech/insurtech, most recently
including investments in early stage companies such as Hackajob, K4Connect, Futurae and
growth stage companies like Zenjob, Phenom People and Happytal.
Francois Robinet, AVP Managing Partner, said: “This fundraise was completed at a record speed
with existing and new investors. This is a strong vote of confidence for our team and strategy,
and a recognition of what has been achieved with our first Early Stage Fund. We plan to hold
Paris – London – New York – San Francisco – Hong Kong
a second closing with additional new investors. This fundraise strengthens AVP’s positioning as
a leading player for ambitious entrepreneurs across Europe and North America.”

ABOUT AVP
AXA Venture Partners (AVP) is a venture capital fund investing in high-growth, technologyenabled
companies. AVP has built a unique investment platform specialized in tech investments
with $600 million of assets under management through three pillars of investment expertise:
Early Stage Fund, Growth Stage Fund and Fund of Funds. To date, AVP has invested in 40 Early
and Growth equity deals and 6 Fund investments. AVP team operates globally backed by offices
in San Francisco, New York, London, Paris and Hong Kong. Beyond investments, AVP provides
access to business development opportunities helping portfolio companies to scale globally
and accelerate their growth.

ABOUT THE AXA GROUP
The AXA Group is a worldwide leader in insurance and asset management, with 160,000
employees serving 105 million clients in 62 countries. In 2017, IFRS revenues amounted to Euro
98.5 billion and IFRS underlying earnings to Euro 6.0 billion. AXA had Euro 1,439 billion in assets
under management as of December 31, 2017.

For further information, please contact:
Sébastien LOUBRY
Partner, Business Development
sebastien@axavp.com
06.15.31.61.68

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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.

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Changes in Ratos’s management group

Ratos

Ratos is carrying out changes in its management group, meaning that it will now consist of:

Jonas Wiström, CEO
Helene Gustafsson, Head of IR and Press
Henrik Lundh, Vice President (new member since January 2019)
Anders Slettengren, Vice President
Magnus Stephensen, General Counsel
Peter Wallin, CFO (new member since December 2018)

Robin Molvin, Vice President and previous member of the management group, and Johan Rydmark, Director, are leaving Ratos. Meanwhile, Henrik Lundh has been appointed as Vice President and member of the management group.

“I look forward to welcoming Henrik Lundh as a member of Ratos’s management group, where I’m sure that his experience and knowledge will be of immense benefit in the future.

I want to extend a sincere thanks to Robin Molvin, whose important work with several of our portfolio companies throughout his many years here at Ratos has created significant value. Over the years, Robin has strengthened and assumed responsibility for Ratos’s presence in Denmark, which was the driving factor behind the acquisition of airteam and Oase Outdoors. At airteam, Robin has led the company’s growth journey and expansion into Sweden through strategic bolt-on acquisitions. I also want to thank Johan Rydmark, whose previous investment responsibilities at the portfolio companies Nebula and Serena, and previous operational development of portfolio companies such as Stofa, have created important value for Ratos”, says Jonas Wiström, CEO of Ratos.

The changes will take effect as of today, 17 January 2019.

For further information, please contact:
Jonas Wiström, CEO, Ratos, +46 8 700 17 00
Helene Gustafsson, Head of IR and Press, Ratos, +46 8 700 17 98

About Ratos:
Ratos owns and develops unlisted medium-sized companies in the Nordic countries. Our goal as an active owner is to contribute to long-term and sustainable operational development in the companies we invest in and to make value-generating transactions. Ratos’s portfolio consists of 12 medium-sized Nordic companies and the largest segments in terms of sales are Construction, Industrials and Consumer goods/Commerce. Ratos is listed on Nasdaq Stockholm and has approximately 12,300 employees.

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US-based Advisors Asset Management appoints Kames for global sustainable equities

Kames Capital

Advisors Asset Management, a US-based investment manager, has strengthened its investment offering with the appointment of Kames Capital as Portfolio Consultant for a new unit investment trust (UIT).

The Kames Sustainable Equity Portfolio will be available to US investors and will seek to provide above average total return by investing in a portfolio of securities selected by Kames Capital, the Portfolio Consultant to the UIT.

Craig Bonthron and Neil Goddin of Kames Capital’s Edinburgh-based global equity team will recommend stocks for the portfolio. The team has a high-conviction stock-picking approach and invests globally across the market-cap spectrum.

Commenting on the appointment, Richard Stewart, Executive Vice President and Head of UIT Product Management for Advisors Asset Management, said:

“We are excited to partner with Kames Capital, a best-in-class asset management firm and a global leader in sustainable investing. We also look forward to growing our relationship with Kames Capital and to all the possibilities that lie ahead.”

Martin Davis, CEO of Kames Capital and Head of Europe for Aegon Asset Management, said:

AAM martin quote

About Advisors Asset Management

Established in 1979, AAM has become a highly respected financial force providing complete portfolio solutions tailored to the individual needs of financial professionals and their clients.

For nearly 40 years, AAM has been a trusted resource for financial advisors and broker/dealers. It offers access to Unit Investment Trusts (UITs), open- and closed-end mutual funds, separately managed accounts (SMAs), structured products and the fixed income markets, as well as portfolio analytics and exchange-traded funds (ETFs).

As of September 30, 2018, the brokerage and advised business at AAM represents approximately $26.1 billion in assets.

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