Olof Svensson appointed Head of Shareholder Relations

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Olof Svensson has been appointed Head of Shareholder Relations at EQT AB. Olof Svensson comes most recently from J.P. Morgan’s Equity Capital Markets team in London where he spent more than 15 years. Olof brings vast experience from the capital markets and knows EQT and our business model extremely well following his role as advisor to EQT during the IPO-process last year.

“We are thrilled to welcome Olof to EQT. His extensive expertise from the international equity capital markets combined with his deep knowledge about EQT, our differentiators, and not the least our values and ways of working, will make him well positioned to continue building our shareholder relations function. We look forward to working closely together with Olof and developing the relations with EQT AB’s shareholders further,” said Christian Sinding, CEO of EQT AB.

Olof Svensson will assume his position as Head of Shareholder Relations at EQT during September and will report to CFO Kim Henriksson. The Shareholder Relations team is based in Stockholm and Olof is preparing to move from London with his family.

Categories: Personalia

Cilia Holmes Indahl appointed Head of EQT Foundation

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The EQT Foundation today announced the appointment of Cilia Holmes Indahl, currently CEO of Katapult Group, as Head of the EQT Foundation, effective August 2020. In her new role, Cilia will be responsible for developing and executing on the Foundation’s strategic agenda.

The EQT Foundation was founded in June 2019 by a core group of Partners at EQT with the purpose of hosting and driving EQT’s global philanthropic activities, and furthering the firm’s ambitions of making a positive impact with everything it does. The EQT Foundation aligns its activities with EQT’s vision of being the most reputable investor and owner. It has a mission of creating a more inclusive tomorrow and pushing the frontiers of societal impact as well as ensuring the successful long-term development of EQT and maintaining EQT’s strong corporate culture and values. The EQT Foundation also has a right to appoint a member to the nomination committee of EQT AB according to the principles for appointing a nomination committee.

Cilia’s experience from her previous role as Sustainability Director of Aker BioMarine and from the Norwegian Permanent Mission to the United Nations, where she negotiated the Sustainable Development Goals, matches perfectly with the EQT Foundation’s mission. Cilia has a genuine passion for driving long-lasting positive change and engaging others in making a difference.

Conni Jonsson, Chairperson of the EQT Foundation, said: “We are very happy that Cilia is joining the EQT Foundation. Our ambition is that the work and efforts we pursue through the EQT Foundation will inspire others to contribute to positive long-term change and, with Cilia onboard, we are confident that we will be able to drive our positive impact agenda further and become a change catalyst in the industry.”

Christian Sinding, CEO and Managing Partner at EQT, continued: “The EQT Foundation shares the same objective as EQT, to make a positive impact with everything we do, and Cilia’s energy, engagement and experience fit this in an exceptional manner. We want every investment EQT makes to contribute to a better and cleaner tomorrow, and we see the EQT Foundation as an important pillar in achieving this.”

Cilia Holmes Indahl commented: “For me, driving the EQT Foundation is a dream job! With EQT’s culture, values and impressive portfolio of great companies, there are so many opportunities to push the sustainability agenda forward. I look forward to exploring new ways of accelerating industry transformations, leveraging the thematic expertise from the entire EQT system and driving positive impact in close collaboration with all EQT colleagues.”

In April, the EQT Foundation announced its first donation of EUR 1 million to the COVID-19 Therapeutics Accelerator (launched by the Bill & Melinda Gates Foundation, Wellcome Trust and Mastercard) as a response to the global COVID-19 pandemic. Further information about the EQT Foundation’s strategy, focus areas and initiatives will be communicated once Cilia has assumed her role.

Contact
Nina Nornholm, Head of Communications, +46 708 550 356
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334

About the EQT Foundation
EQT Foundation was founded in June 2019 by a company owned by a core group of Partners at EQT. It holds around one percent of the shares in EQT AB and will be a long-term shareholder. EQT Foundation is structurally independent from EQT. The purpose of EQT Foundation is to use the proceeds generated from the dividends it receives from EQT AB shares, as well as other assets and donations, for the furtherance of the mission of creating a more inclusive tomorrow and pushing the frontiers of societal impact. EQT Foundation is a foundation under Swedish law (Sw. stiftelse). 

Categories: Personalia

Hg strengthens executive team with four Partner promotions

HG Capital

Alongside a total of 30 promotions, the appointments support the evolution of the firm, further reinforcing Hg as the largest technology team in Europe

Hg, Europe’s leading software investor, today announces four new Partner appointments as part of a number of senior promotions across the firm.

The promotions continue to strengthen the executive leadership team and further support the evolution of the firm, having now grown to over 200 employees. Today the team is made up of over 140 investors, more than 30 operational experts and several other transaction support teams, together comprising the largest technology investor in the region.

Hg has promoted four long-standing colleagues to Partner: Martina Sanow (Deputy COO), Luke Finch (Client Services), Joris van Gool and Stefan Margolis (Investment team). The average tenure of these four individuals at Hg is close to a decade, during which time they have all made a material individual contribution to the firm’s achievements as well as helping to build and shape the firm over that period.

Hg is also pleased to promote several colleagues to Director: Yasemin ArikViviana KaneManuela ThomysRichard EarnshawHector GuinnessBenedikt Joeris and Carlo Pohlhausen.   Each of these colleagues has made a strong contribution to developing and leading investment activity at Hg over many years.

Matthew Brockman, Managing Partner at Hg, commented: “I am delighted to announce these positive developments, as we recognise individuals whose commitment and performance has stood out over years.  We are hugely committed to the long-term development of our people.  Each of these new Partners joined the firm as a junior team member nearly 10 years ago and since then have worked tirelessly across investments, deepening our client relationships and improving our business. They also share our values and each have supported several areas of the business during that time.  We are delighted to now have them as Partners.”

Martina Sanow joined the Client Services team in 2009 and has worked on all Hg fundraisings since then.  She was promoted to the role of Deputy Chief Operating Officer in 2019. Today Martina has responsibility for the firm’s operations including talent, finance, technology and ESG. She also leads the firm’s work on Diversity & Inclusion and has been leading the work in establishing the Hg Foundation. Most recently Martina was recognised in the ‘Future 40’ list of PE operators on course for stand-out roles in private markets.

Luke Finch joined Hg’s Client Services team in 2010 and has led this team for the last 18 months. Over the last decade he has worked on several fundraisings including Hg Mercury 1, Hg Genesis 7 (2012/13 vintage funds) and Hg Mercury 2, Hg Genesis 8, Hg Saturn 1 (2017 vintage funds), as well as the current fundraising activities.

Joris Van Gool joined in 2013 having previously interned with Hg when at Harvard Business School.  Joris has worked on, led and originated numerous deals on behalf of Hg. He is currently a board director of team.blue and Citation. His other investments at Hg have included Zenith, Parts Alliance, Raet/Visma (and the Benelux consolidation including Roxit, ProActive), JLA, Kinapse and A-Plan. Joris was recognised as a ‘Rising Star of Private Equity’ back in 2017.

Stefan Margolis joined in 2013 from Warburg Pincus. Stefan works from the Munich office and led current Hg investments into Transporeon and Medifox and in addition is also a Board Director of STP.  He has also been a strong contributor to a series of other successful investments including e-conomic, Speedledger, P&I, Eucon, Visma and Teufel.

Categories: Personalia

IK Investment Partners appoints Tom Salmon as Small Cap Partner

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IK Investment Partners (“IK”), a leading Pan-European private equity firm, is pleased to announce that Tom Salmon has joined the Small Cap team as a Partner. Tom will be based in IK’s London office, primarily focusing on the origination of investment opportunities in the UK with an Enterprise Value of up to c. €100m.

Tom joins IK from Duke Street Private Equity where he was a Partner. Prior to Duke Street, he was a Partner at 3i where he co-managed the UK team and spent 13 years covering origination, execution and portfolio management. Tom has substantial investment experience and has been involved in numerous transactions, including Great Rail Journeys, Audley Travel, JMJ and NCP. He studied at Oxford University and is a Chartered Accountant.

“The past twelve months represent yet another strong period of growth for IK. We have expanded the breadth and depth of our firm with over 30 new hires, employing a team of more than 75 investment professionals and a total of 130 staff across eight offices. The appointment of Tom will allow us to begin building a presence in the UK, benefitting from his wealth of investment experience combined with our pan-European platform,” said Christopher Masek, CEO at IK.

“I am thrilled to join IK as their first UK-based Partner focusing on the Small Cap segment. IK has a 30-year track record of creating value and a well-established platform across Europe. The size of the UK Small Cap market and entrepreneurial nature of its businesses provide a compelling investment opportunity. I believe IK’s local investment teams across six European countries as well as the firm’s successful sector focus will bring a clear differentiated approach to the UK’s burgeoning Small Cap market,” said Tom Salmon.

IK’s Small Cap team partners with management teams who are looking for support to help them achieve the next stage of their growth and development, across IK’s four core sectors: Business Services, Consumer/Food, Engineered Products and Healthcare.

For enquiries, please contact:

Maitland/AMO
James McFarlane
Phone: +44 207 379 5151
jmcfarlane@maitland.co.uk

About IK Investment Partners
IK Investment Partners (“IK”) is a Pan-European private equity firm focused on investments in the Nordics, DACH region, France, Benelux and the UK. Since 1989, IK has raised more than €10 billion of capital and invested in over 130 European companies. IK funds support companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects. For more information, visit www.ikinvest.com

Categories: Personalia

KKR Appoints Chee-Wei Wong as Head of Global Impact for Asia

KKR

Senior appointment enhances KKR Global Impact’s ability to support solutions-orientated businesses

SINGAPORE–(BUSINESS WIRE)– KKR, a leading global investment firm, today announced the expansion of KKR’s Global Impact team with the appointment of Chee-Wei Wong as Head of Global Impact for Asia.

KKR Global Impact is focused on identifying and investing behind global opportunities where financial performance and societal impact are intrinsically aligned. The business specifically focuses on companies whose core business models provide commercial solutions that contribute measurable progress toward one or more of the United Nation’s Sustainable Development Goals (“SDGs”).

“Chee-Wei brings a wealth of sustainability-related investment experience in Asia and globally, in line with KKR Global Impact’s own mission. This valuable expertise will be essential as we continue to build the firm’s Impact business across Asia,” said Robert Antablin and Ken Mehlman, Co-Heads of KKR Global Impact. “Asia Pacific is a growing priority for our Impact strategy. Chee-Wei’s ability to identify innovative companies throughout markets in the region including Southeast Asia, South Asia, Greater China and Australia will be critical as we look to deploy capital.”

In the role, Mr. Wong, who is based in Singapore, is responsible for sourcing investment opportunities and supporting impact-related portfolio companies across Asia Pacific. Mr. Wong will also serve as a member of the firm’s Global Impact Investment Committee. The addition of Mr. Wong follows KKR Global Impact’s recent international expansion with the appointments of Stanislas de Joussineau as Head of Global Impact for Europe and Sharon Yang as a senior investor for KKR Global Impact in Asia. The expanded global team is further supported by KKR executives across key industries and regions of focus.

Prior to joining KKR, Mr. Wong was a managing director at Tailwind Capital in New York and spent nine years at EQT in New York and Singapore, where he was an investor and board member of sustainability-focused technology enterprises and healthcare companies. Before that, he was a consultant at Bain & Company and a Justices’ Law Clerk in the Supreme Court of Singapore. He holds a Bachelor of Laws (First Class Honors) degree from the National University of Singapore.

Ming Lu, Head of KKR Asia Pacific, said, “Asia Pacific’s unique economic and social dynamics – coupled with growing corporate adoption of environmental, social and governance initiatives and meaningful structural reforms – have created a significant opportunity to support companies whose products or services address environmental or social challenges. There has never been greater desire and momentum for responsible and solutions-oriented investment in Asia, and we are thrilled to welcome Chee-Wei to the team to lead our Asia Impact efforts to grow our strategy and positive involvement in communities.”

Over the last decade, KKR has been a leader in driving and protecting value throughout the firm’s private markets portfolio through thoughtful environmental, social and governance (“ESG”) management, as well as measuring and reporting on performance to the public and investors. The firm also has a history of investing in businesses that promote sustainable solutions to societal challenges. This experience of responsible investment combined with a changing landscape of global challenges led to KKR’s decision to create a dedicated Global Impact business in 2018.

On February 12, 2020, KKR announced the firm had closed its first Global Impact Fund at $1.3 billion. KKR’s Global Impact Fund has successfully executed six investments since inception, including Barghest Building Performance, a Singapore-based provider of energy savings solutions to heating, ventilation and air conditioning systems in commercial and industrial buildings, and Ramky Enviro Engineers, a leading provider of environmental and waste management services and solutions in India and overseas.

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.

Media:
KKR Asia Pacific
Anita Davis
+852 3602 7335
Anita.Davis@kkr.com

KKR Americas
Kristi Huller or Cara Major
+1 212.750.8300
Media@KKR.com

Source: KKR & Co. Inc.

Categories: Personalia

Xavier Himmer joins CVC Credit Partners as Chief Operating Officer

Xavier joins in the newly created role and will be responsible for CVC Credit’s business infrastructure

CVC Credit Partners is pleased to announce that Xavier Himmer has today joined as Partner and Chief Operating Officer. Xavier will be responsible for oversight and strategic development of CVC Credit’s business infrastructure, including operations, finance, legal & compliance, technology and HR. He will be based in London and will be a member of CVC Credit’s Operating Board.

Xavier has over 20 years of leadership experience in the global asset management industry. He was formerly a Partner & COO at Cheyne Capital in London, where he spent eight years. Prior to this, Xavier has held multiple management roles within the asset management industry, including two years as COO at Stigma Partners in Switzerland and eight years as COO of Altedge Capital, a business he also co-founded. He began his career at Arthur Andersen & Co.

Hamish Buckland, Chairman of CVC Credit Partners, said: “I am very pleased to announce Xavier’s decision to join CVC Credit Partners. Over the last few years we’ve experienced a significant increase in the scale and complexity of the firm and this has highlighted the need for a more strategic approach to managing the risks that come with this growth and to exploiting the advantages that come with scale. Xavier’s skillset makes him the ideal candidate to take on the challenge of developing a world-class operational platform on which we can continue to build CVC Credit Partners into a market leader.”

Xavier Himmer added: “I have watched CVC Credit go from strength to strength over the last few years and have admired what has been achieved. This is an ambitious business with an impressive team and I look forward to contributing my experience to the next phase of development.”

Categories: Personalia

Changes in Ratos management group

Ratos

Peter Wallin, CFO of Ratos, will until August 2020 assume the role of Executive Chairman of the Board of the Ratos company HENT. Jonas Ågrup will during the same period work as acting CFO of Ratos. Christian Johansson Gebauer has been appointed new Head of Business Area Construction & Services and Joakim Twetman as new Head of Business Area Industry. Ratos management group which will comprise of:

Jonas Wiström, CEO
Jonas Ågrup, Acting CFO
Helene Gustafsson, Head of IR and Press
Christian Johansson Gebauer, Head of Business Area Construction & Services
Anders Slettengren, Head of Business Area Consumer & Technology
Magnus Stephensen, General Counsel
Joakim Twetman, Head of Business Area Industry

“I’m delighted that Peter Wallin, who brings extensive experience from various positions at Skanska, has agreed to take on the role of Executive Chairman of the Board of the Ratos company HENT. HENT represents a significant part of Ratos net sales. The company has had high growth in recent years but has been forced to make large project write downs in a number of projects which has affected the results during 2018 and 2019. I am convinced that Peter will be an important person in the company’s ongoing work to establish the structure and processes needed for HENT to increase profitability by providing close support to the company’s management,” says Jonas Wiström, CEO of Ratos.

While Peter Wallin serves as Executive Chairman of the Board of HENT, he will be replaced as CFO of Ratos by Jonas Ågrup. Jonas most recently comes from the role of CFO at Munters. Previous positions include, among others, CFO at ÅF.

All the above changes will take effect from 10 February 2020.

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 is a corporate group consisting of 12 companies divided into three business areas: Consumer & Technology, Construction & Services and Industry. In total, the companies have SEK 38 billion in sales and EBITA of SEK 1.8 billion. Our business concept is to develop medium-sized companies with headquarters in the Nordic region that are or have the potential to become market-leading. We make it possible for independent medium-sized companies to excel by being part of something larger. A focus on people and leadership, culture and values are key components of Ratos. Everything we do is based on our core values: Simplicity, Speed in Execution and It’s All About People.

Categories: Personalia

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Kinnevik AB (publ) (“Kinnevik”) today announced that Anna Stenberg will join Kinnevik as Chief People and Platform Officer (CPO), a new role in the Kinnevik management team. Anna is the founding partner of Women Executive Search and started her career in the Kinnevik group holding several management positions at Modern Times Group.

Kinnevik

As CPO, Anna Stenberg will focus on maximizing the value of Kinnevik’s investment eco-system and platform, working closely with the Kinnevik team as well as our portfolio companies. Anna will support Kinnevik in being a progressive partner to its public and private portfolio companies in their effort to drive performance through key areas such as board and top management composition, leadership development, diversity and inclusion, and organizational design.

Georgi Ganev, Kinnevik’s CEO, commented: “I am excited that Anna will join the team as Chief People and Platform Officer. Kinnevik’s number one asset is our people, within Kinnevik and in our companies. With Anna’s recent background as a successful entrepreneur and investor, and having started her career within Our Group, Anna knows Kinnevik and our culture and she will be a great support in maximizing the value of our unique platform, supporting us in building strong and effective, market leading, sustainable companies”.

Anna Stenberg continued: “Joining Kinnevik feels like coming home. Not only is Kinnevik a frontrunner when it comes to supporting value-driven leadership and a high-performance culture. I also share Kinnevik’s belief in the power of disruptive technology to deliver both shareholder and social value. To me, this is a perfect combination, and I look forward to working with Georgi and his team as Chief People and Platform Officer.”

For further information, visit www.kinnevik.com or contact:

Torun Litzén, Director Investor Relations
Phone +46 (0)70 762 00 50
Email press@kinnevik.com

Kinnevik is an industry focused investment company with an entrepreneurial spirit. Our purpose is to make people’s lives better by providing more and better choice. In partnership with talented founders and management teams we build challenger businesses that use disruptive technology to address material, everyday consumer needs. As active owners, we believe in delivering both shareholder and social value by building long-term sustainable businesses that contribute positively to society. We invest in Europe, with a focus on the Nordics, the US, and selectively in other markets. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik’s shares are listed on Nasdaq Stockholm’s list for large cap companies under the ticker codes KINV A and KINV B.

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Categories: Personalia

Cinven announces Partner promotion for Head of Milan

Cinven

International private equity firm Cinven, today announces that it has promoted Eugenio Preve to Partner with effect from 1 January 2020.

Eugenio is Head of the Milan office, a member of the Industrials sector team and leads the regional team for Italy. He has worked on a number of investments, including Amadeus, Avio, Eurovita and Medpace. He joined Cinven in 2009.

Cinven has significant experience in the Italian market both investing in Italian-headquartered businesses and on behalf of other portfolio companies that have operations in Italy.  For example, Avio, the leading aerospace business, was a successful investment for Cinven having sold its two divisions to both GE and Leonardo-Finmeccanica ahead of listing on the Milan Stock Exchange, respectively.

Cinven is currently invested in Italian-headquartered Eurovita, the independent Italian life insurer that has completed a number of acquisitions in Italy.  Other Cinven investments with considerable operations in Italy include Stada, the European manufacturer of prescription generics and over the counter products, and Synlab, a European market leader for laboratory diagnostics.

Commenting on this promotion, Stuart McAlpine, Managing Partner of Cinven Partners LLP, said:

“2019 was a busy year for Cinven, with the closing of our latest fund, the Seventh Cinven Fund at €10 billion. As we look forward to 2020 and the opportunities it presents, I am delighted to announce the promotion of Eugenio to Partner.

“Eugenio leads our Italian regional team and is a key member of our Industrials sector team. His promotion reflects his considerable hard work and commitment to both existing portfolio performance and deal origination.”

Categories: Personalia

Cinven announces appointment of Chief Human Resources Officer

Cinven

International private equity firm Cinven, today announces that it has appointed Caroline Rawes as Chief Human Resources Officer with effect from 6 January 2020.

Caroline has almost 30 years’ HR experience, notably in the legal and professional services sectors. She joins from Ashurst, the international law firm, where she spent over four years as Chief People Officer and was a member of the Executive Committee, with shared responsibility for the development and delivery of the firm’s strategy as well as managing the HR, Learning & Organisation Development, Business Change and Internal Communications functions.

Prior to Ashurst, Caroline was the HR Director at Taylor Wessing, where she was also a member of the UK Executive Board. In this role she was responsible for the strategy and implementation of the firm’s HR services in the UK, as well as the people agenda for the firm internationally. She has held previous senior HR positions at Linklaters, Accenture and KPMG.

At Cinven, Caroline will lead the firm’s talent strategy and human resources team.  Caroline will sit on Cinven’s Operating Committee, which leads the firm’s operational functions.

Commenting on Caroline’s appointment, Stuart McAlpine, Managing Partner of Cinven said:

“2019 marked another successful year for Cinven, with the completion of our €10 billion fundraise and continued investment and realisations. Our track record of strong returns has been based on attracting and retaining the very best talent in the industry. Caroline brings with her a wealth of experience and fresh thinking based on demonstrable experience in driving innovative policies and practices, ensuring we remain a fulfilling and rewarding place to work. We welcome her to Cinven and look forward to working with her.”

Caroline Rawes, Chief Human Resources Officer, commented:

“I am delighted to join in the newly created role of Chief Human Resources Officer at Cinven. I look forward to working with Stuart and the team to further the strategy for talent development in support of Cinven’s ambitions.”

Categories: Personalia